8-K

SECURITIES AND EXCHANGE COMMISSIONWASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):
February 17, 2016Newmont Mining Corporation(Exact name of registrant as specified in its charter)

	Delaware
(State or Other Jurisdiction of Incorporation)
	001-31240
(Commission File Number)
	84-1611629
(I.R.S. Employer Identification No.)
6363 South Fiddlers Green Circle, Greenwood Village, CO  80111
(Address of principal executive offices) (zip code)
	(303) 863-7414
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

ITEM 2.02.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On February 17, 2016, Newmont Mining Corporation, a Delaware corporation (the “Company”), issued a news release reporting its fourth quarter and full year 2015 operating and financial results.  A copy of the news release is furnished as Exhibit 99.1 to this report.

Additionally, on February 17, 2016, the Company issued a news release reporting reserve and resource estimates as of December 31, 2015.  A copy of the news release is furnished as Exhibit 99.2 to this report.

ITEM 9.01.  FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits
Exhibit Number	Description of Exhibit
99.1	News Release, dated February 17, 2016, reporting Fourth Quarter and Full Year 2015 Operating and Financial Results
99.2	News Release, dated February 17, 2016, reporting Reserves and Resources

2

SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		Newmont Mining Corporation
		By:	/s/ Laurie Brlas
		Name:	Laurie Brlas
		Title:	Executive Vice President and Chief Financial
			Officer
Dated:	February 17, 2016

3

EXHIBIT INDEX

Exhibit Number	Description of Exhibit
99.1	News Release, dated February 17, 2016, reporting Fourth Quarter and Full Year 2015 Operating and Financial Results
99.2	News Release, dated February 17, 2016, reporting Reserves and Resources

4

EX-99.1

Exhibit 99.1

Newmont Announces Full Year and Fourth Quarter 2015 Results

DENVER--(BUSINESS WIRE)--February 17, 2016--Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced full-year 2015 operating and financial results, including:

• Net income: Delivered adjusted net income¹ of $507 million or $0.98 per share; GAAP net income attributable to shareholders from continuing operations was $193 million or $0.38 per share
• EBITDA: Increased consolidated adjusted EBITDA² by 29% over 2014 to $2.7 billion
• Consolidated cash flow: More than doubled free cash flow³ to $756 million and generated cash from continuing operations of $2.2 billion
• Gold all-in sustaining costs (AISC)⁴: Lowered gold AISC 10% to $898 per ounce, ending the year within guidance

• Gold costs applicable to sales (CAS): Lowered gold CAS 10% to $633 per ounce, ending the year within guidance
• Attributable production: Delivered 5.04 million ounces of attributable gold production, ending the year within guidance
• Portfolio Optimization: Completed the Turf Vent Shaft, progressed Merian, Long Canyon and the Tanami Expansion Project on time and on budget, and acquired Cripple Creek & Victor

• Outlook: Provided long-term production and cost outlook, including profitable gold production of between 4.5 and 5.0 million ounces at AISC below $1,000 per ounce

“Newmont completed the year with safer and more efficient operations, a stronger balance sheet and an improved portfolio,” said Gary Goldberg, President and Chief Executive Officer. “We increased EBITDA by almost one-third to $2.7 billion, more than doubled free cash flow to $756 million, and lowered net debt by 19%, despite a 9% drop in realized gold price. Our performance improved as a result of our disciplined and systematic focus on cost and efficiency. This delivered a 10% reduction in AISC and supported our ability to fund five profitable development projects and acquire Cripple Creek & Victor. Our plans for 2016 and beyond remain focused on improving our underlying business, strengthening our portfolio and creating value for shareholders.”

Fourth quarter 2015 highlights include gold AISC below $1,000 per ounce for the sixth consecutive quarter, adjusted EBITDA of nearly $500 million and gold production in line with the prior year quarter. Fourth quarter results were impacted by lower metal prices, delayed export shipments from Indonesia due to late receipt of an export permit, and other non-recurring costs.

• Net income: Delivered adjusted net income of $20 million or $0.04 per share; GAAP net income attributable to shareholders from continuing operations of $(247) million or $(0.48) per share was impacted by lower metal prices and non-recurring reclamation charges and adjustments
• EBITDA: Generated consolidated adjusted EBITDA of $466 million down from the prior year quarter due to lower metal prices
• Consolidated cash flow: Generated cash from continuing operations of $275 million; free cash flow was $(185) million due to lower metals pricing and timing of project spend
• Gold AISC: Maintained gold AISC at $999 per ounce, the sixth consecutive quarter below $1,000
• Gold CAS: Reported gold CAS at $680 per ounce in the fourth quarter, an 8% increase from the prior year quarter mostly due to lower mill grades at Yanacocha and Ahafo
• Attributable production: Produced 1.3 million ounces of gold in line with prior year quarter
• Shareholder returns: Maintained fourth quarter dividend of $0.025 per share⁵ in line with Newmont’s revised gold price-linked dividend policy

___________________________

¹ Non-GAAP measure. Based on fully diluted shares outstanding. See the end of the release for reconciliation to net income.
² Non-GAAP measure. See the end of the release for reconciliation.
³ Non-GAAP measure. See the end of the release for reconciliation.
⁴ Non-GAAP measure. See the end of the release for reconciliation.
⁵ Such policy is non-binding. Declaration of future dividends remains subject to approval and discretion of the Board of Directors.

Fourth Quarter and Full Year 2015 Results

Adjusted net income was $20 million, or $0.04 per share in the fourth quarter and $507 million or $0.98 per share for the year; compared to $86 million, or $0.17 per share in the prior year quarter and $545 million or $1.09 per share for 2014. Primary adjustments to net income in the fourth quarter included a non-cash reclamation charge, tax valuation allowance adjustments and a one-time payment related to prior period royalties and taxes from the revised Ghana Investment Agreement. GAAP net income (loss) attributable to shareholders from continuing operations was $(247) million or $(0.48) per share in the fourth quarter and $193 million or $0.38 per share for the full year, compared to $39 million or $0.08 per share for the prior year quarter and $548 million or $1.10 per share in 2014.

Revenue totaled $1,816 million in the fourth quarter and $7,729 million for the year, compared to $2,017 million in the prior year quarter and $7,292 million for 2014. During the quarter, higher production at Batu Hijau and the addition of Cripple Creek & Victor help offset lower metal prices and the impact of divestitures. Batu Hijau continued to mine higher grade Phase 6 ore but fourth quarter copper sales volumes were impacted by the export permit delay, and 18 percent lower than the third quarter. Newmont received a six month export permit on November 20, 2015, and revenue from approximately 27 million pounds of copper and 39,000 ounces of gold shipped in December is expected to be recognized in the first quarter 2016.

Average realized price was $1,084 per ounce for gold for the fourth quarter, down from $1,194 in the prior year quarter; and $1,141 for the year, down from $1,258 in 2014. Average realized copper price per pound was $1.86 for the fourth quarter, down from $2.55 in the prior year quarter; and $2.13 for the year, down from $2.65 in 2014.

Attributable gold production was 1.25 million ounces in the fourth quarter, compared to 1.26 million ounces in the prior year quarter; and 5.04 million ounces for the year, compared to 4.85 million ounces in 2014. During the quarter, higher production at Batu Hijau and the addition of Cripple Creek & Victor offset production declines at Yanacocha and Ahafo. Newmont has generated approximately $1.7 billion in fair value asset sales since 2013 while maintaining steady attributable gold production.

Attributable copper production was 39,000 tonnes in the fourth quarter, up from 29,000 tonnes in the prior year quarter, and 166,000 tonnes for the full year, up from 86,000 tonnes in 2014. Copper production increased 34% over the prior year quarter due to higher grade ore at Batu Hijau.

CAS was $680 per gold ounce in the fourth quarter, compared to $631 per ounce in the prior year quarter; and $633 per ounce for the year, down from $706 per ounce in 2014. Full year CAS improvements were driven by ongoing cost and efficiency gains realized through the Full Potential program, as well as favorable exchange rates and oil prices. Fourth quarter CAS was impacted by lower production at Yanacocha and Ahafo, and delayed sales from Batu Hijau. Copper CAS was $1.18 per pound in the fourth quarter, down from $1.86 in the prior year quarter; and $1.21 per pound for the year, down from $2.88 in 2014.

AISC was $999 per gold ounce in the fourth quarter, compared to $927 in the prior year quarter; and $898 per ounce for the full year, compared to $1,002 in 2014. AISC reductions for the year were driven by ongoing cost and efficiency improvements as well as favorable exchange rates and oil pricing. Fourth quarter AISC increased versus the prior year quarter due to lower volumes at Yanacocha and timing of sustaining capital spend. Copper AISC was $1.51 per pound in the fourth quarter, down from $2.39 in the prior year quarter, and $1.59 for the full year, down from $3.65 in 2014.

Capital expenditures for the fourth quarter were $460 million of which $248 million was sustaining capital. Full year capital spend was at the low end of guidance at $1.4 billion, of which $746 million was sustaining capital. Sustaining capital was lower for the year due to continued cost and efficiency improvements as well as some timing impacts. Development capital was used to construct the Turf Vent Shaft, Merian and Long Canyon. Fourth quarter sustaining capital increased to build water treatment facilities at Yanacocha and a paste fill plant at Carlin.

Consolidated cash flow from continuing operations was $275 million in the fourth quarter and $2,157 million for the full year, compared to $562 million in the prior year quarter and $1,451 million for 2014, as higher volumes, cost and efficiency improvements and favorable oil prices and Australian dollar exchange rates more than offset the impact of lower metal prices. Free cash flow was $(185) million in the fourth quarter compared to $218 million in the prior year quarter and $756 million for the full year, a $415 million improvement from 2014. The Company held $2,782 million of consolidated cash on its balance sheet at year-end 2015, up 16% from the prior year.

	Three Months Ended December 31,						Years Ended December 31,
	2015		2014		% Change		2015		2014		% Change
Attributable Sales (koz, kt)
Attributable gold ounces sold		1,237		1,243	—	%		4,906		4,733	4	%
Attributable copper tonnes sold		40		34	18	%		160		84	90	%
Average Realized Price ($/oz, $/lb)
Average realized gold price	$	1,084	$	1,194	(9	)%	$	1,141	$	1,258	(9	)%
Average realized copper price	$	1.86	$	2.55	(27	)%	$	2.13	$	2.65	(20	)%
Attributable Production (koz, kt)
North America		428		396	8	%		1,643		1,631	1	%
South America		126		201	(37	)%		537		565	(5	)%
Asia Pacific		492		425	16	%		2,050		1,735	18	%
Africa		201		239	(16	)%		805		914	(12	)%
Total Gold		1,247		1,261	(1	)%		5,035		4,845	4	%
North America		5		5	—	%		21		21	—	%
Asia Pacific		34		24	42	%		145		65	123	%
Total Copper		39		29	34	%		166		86	93	%
CAS Consolidated ($/oz, $/lb)
North America	$	822	$	756	9	%	$	757	$	759	—	%
South America		710		409	74	%		600		687	(13	)%
Asia Pacific		605		760	(20	)%		603		799	(25	)%
Africa		565		488	16	%		507		456	11	%
Total Gold	$	680	$	631	8	%	$	633	$	706	(10	)%
Total Gold (by-product)	$	611	$	572	7	%	$	538	$	717	(25	)%
North America	$	2.14	$	2.64	(19	)%	$	1.96	$	2.36	(17	)%
Asia Pacific		1.11		1.79	(38	)%		1.15		2.98	(61	)%
Total Copper	$	1.18	$	1.86	(37	)%	$	1.21	$	2.88	(58	)%
AISC Consolidated ($/oz, $/lb)
North America	$	1,087	$	1,010	8	%	$	979	$	1,007	(3	)%
South America		1,184		650	82	%		936		988	(5	)%
Asia Pacific		818		976	(16	)%		764		995	(23	)%
Africa		806		722	12	%		718		647	11	%
Total Gold	$	999	$	927	8	%	$	898	$	1,002	(10	)%
Total Gold (by-product)	$	964	$	914	5	%	$	841	$	1,052	(25	)%
North America	$	2.27	$	2.82	(19	)%	$	2.30	$	2.83	(19	)%
Asia Pacific		1.45		2.35	(38	)%		1.53		3.82	(60	)%
Total Copper	$	1.51	$	2.39	(36	)%	$	1.59	$	3.65	(56	)%

Projects Update

• Cripple Creek & Victor (CC&V) expansion includes a new leach pad, recovery plant and mill. Leach pad construction is slightly ahead of schedule with first production expected in Q2 2016. The recovery plant remains on schedule to be completed later this year. Finally, mill availability has improved following a scheduled shut down in December, and Newmont expects to deliver further improvements in the first half of 2016. Gold production for 2016 is expected to be between 350,000 and 400,000 ounces at AISC of between $650 and $700, with production weighted toward the latter part of the year. The expansion remains on budget with development costs of approximately $200 million, of which 50% remain to be spent in 2016.
• Merian is 66% complete. The project remains below budget and on track to reach commercial production in the second half of 2016. Merian will produce between 400,000 and 500,000 ounces of gold annually during its first five years at AISC of between $650 and $750 per ounce. Newmont’s 75% share of development capital is estimated at between $575 and $625 million, after a further $50 million reduction in consolidated capital. An expenditure of between $170 million and $210 million remains in 2016.
• Long Canyon Phase 1 is just over 45% complete and remains on budget and schedule to reach commercial production in the first half of 2017. This first phase of development includes an open pit mine and heap leach operation with production of between 100,000 and 150,000 ounces per year at AISC of between $500 and $600 per ounce over an eight year mine life. About half of the total capital costs of between $250 and $300 million will be spent in 2016 with minimal spending in 2017.
• Tanami Expansion Project includes constructing a second decline in the mine and building incremental capacity in the plant to increase profitable production and serve as a platform for future expansion. The project is on budget and on schedule to deliver additional production beginning in 2017. The expansion will improve annual gold production to between 425,000 and 475,000 ounces per year at AISC of between $700 and $750 per ounce for the first five years, and will increase mine life by three years. Capital costs for the project are estimated at between $100 and $120 million with about half of that amount spent in 2016.
• Ahafo Mill Expansion and Subika Underground represent opportunities not currently included in Newmont’s outlook. The two projects would increase profitable production at Ahafo while lowering costs and offsetting the impacts of lower grades and harder ore. Both projects will be reviewed in the second half of 2016.

Outlook

Newmont updated its long-term outlook in December 2015. Guidance calls for AISC below $1,000 per ounce and profitable production of at least 4.5 to 5.0 million ounces per year through 2020.

Attributable gold production is expected to increase from between 4.8 and 5.3 million ounces in 2016 to between 5.2 and 5.7 million ounces in 2017, and remain stable at between 4.5 and 5.0 million ounces through 2020. New production at CC&V, Long Canyon Phase 1, Merian and the Tanami expansion are expected to offset the impacts of maturing operations at Yanacocha and mine sequencing at Batu Hijau. Projects that are not yet approved including Ahafo Mill Expansion, Subika Underground and Northwest Exodus represent upside of between 250,000 and 400,000 ounces of gold production beginning in 2018.

Attributable copper production is expected to be between 120,000 and 160,000 tonnes in 2016 and 2017 before decreasing to between 70,000 and 110,000 tonnes by 2018. The decline is due to the depletion of higher grade Phase 6 ore at Batu Hijau in 2018. Production at Phoenix Copper Leach and Boddington is expected to remain stable for the period.

Gold cost outlook – AISC is expected to improve from between $900 and $960 per ounce in 2016 to between $850 and $950 per ounce in 2017. 2018 costs are expected to remain below $1,000 per ounce despite higher stripping at Boddington and in Nevada and lower production at Batu Hijau. CAS is expected to be between $650 and $700 per ounce in 2016, and remain stable at between $650 and $750 per ounce in 2017 and 2018. Costs benefit from higher grades at Batu Hijau and Carlin underground mines through 2017, and from lower cost production at Tanami and Merian through 2018. Ongoing cost and efficiency improvements are expected to offset lower grades and throughput at Ahafo and maturing operations at Yanacocha. Full Potential savings and lower cost ounces from projects that have yet to be approved could further improve costs in the longer term.

Copper cost outlook – Copper AISC is expected to average between $1.50 and $1.70 per pound in 2016 with higher grade ore at Batu Hijau, and increase slightly to between $1.60 and $1.80 per pound in 2017, and to between $2.40 and $2.60 per pound in 2018. CAS is expected to be between $1.20 and $1.40 per pound in 2016 and 2017, and increase to between $1.80 and $2.00 per pound by 2018. The increase in costs over the period is mostly due to lower production volumes at Batu Hijau as Phase 6 ore is depleted as well as higher stripping at Boddington though 2018.

Capital – 2016 sustaining capital is expected to be between $700 and $750 million increasing to between $800 and $900 million in 2017 to cover equipment rebuilds, water treatment and tailings storage facilities. Technical and operational cost and efficiency improvements represent further upside. Sustaining capital is expected to remain stable at between $700 and $800 million to cover infrastructure, equipment and ongoing mine development in the longer term.

Debt – Newmont paid $200 million toward its existing term loan and $250 million toward project debt in Ghana and Indonesia in 2015. The Company expects to continue to repay project debt and will analyze opportunities to pay down other Corporate debt in 2016, targeting the highest rates and nearest-term maturities first.

2016 Outlook^a

	Consolidated			Attributable			Consolidated			Consolidated All-in Sustaining			Consolidated Total Capital
	Production			Production			CAS			Costsb			Expenditures
	(Koz, Kt)			(Koz, Kt)			($/oz, $/lb)			($/oz, $/lb)			($M)
North America
Carlin	1,040	–	1,100	1,040	–	1,100	$750	–	$800	$925	–	$975	$175	–	$195
Phoenixc	180	–	200	180	–	200	$825	–	$875	$975	–	$1,025	$20	–	$30
Twin Creeksd	370	–	400	370	–	400	$575	–	$625	$700	–	$750	$30	–	$40
CC&V	350	–	400	350	–	400	$525	–	$575	$650	–	$700	$120	–	$130
Long Canyon													$140	–	$160
Other North America													$5	–	$15
Total	1,940	–	2,100	1,940	–	2,100	$675	–	$725	$850	–	$925	$490	–	$570
South America
Yanacochae	630	–	660	310	–	350	$820	–	$870	$1,100	–	$1,170	$70	–	$90
Merian	120	–	140	90	–	100	$430	–	$460	$650	–	$700	$210	–	$250
Total	750	–	800	400	–	450	$760	–	$810	$1,050	–	$1,150	$280	–	$340
Asia Pacific
Boddington	725	–	775	725	–	775	$690	–	$730	$800	–	$850	$60	–	$70
Tanami	400	–	475	400	–	475	$550	–	$600	$800	–	$850	$150	–	$160
Kalgoorlief	350	–	400	350	–	400	$650	–	$700	$725	–	$775	$10	–	$20
Other Asia Pacific													$5	–	$15
Batu Hijau	525	–	575	250	–	275	$500	–	$550	$650	–	$700	$50	–	$60
Total	2,000	–	2,225	1,725	–	1,925	$600	–	$650	$760	–	$820	$275	–	$325
Africa
Ahafo	330	–	360	330	–	360	$775	–	$825	$1,020	–	$1,100	$60	–	$80
Akyem	430	–	460	430	–	460	$560	–	$600	$700	–	$750	$40	–	$50
Total	760	–	820	760	–	820	$650	–	$700	$850	–	$900	$100	–	$130
Corporate/Other													$10	–	$15
Total Goldg	5,450	–	5,945	4,825	–	5,295	$650	–	$700	$900	–	$960	$1,155	–	$1,370
Phoenix	15	–	25	15	–	25	$1.70	–	$1.90	$2.10	–	$2.30
Boddington	25	–	35	25	–	35	$1.90	–	$2.10	$2.30	–	$2.50
Batu Hijauh	170	–	190	80	–	100	$1.00	–	$1.20	$1.40	–	$1.60
Total Copper	210	–	250	120	–	160	$1.20	–	$1.40	$1.50	–	$1.70

Consolidated Expense Outlooki
General & Administrative	$	225	–	$	275
Interest Expense	$	270	–	$	290
DD&A	$	1,350	–	$	1,425
Exploration and Projects	$	275	–	$	300
Sustaining Capital	$	700	–	$	750
Tax Rate		35%	–		39%

a	2016 Outlook in the table above are considered “forward-looking statements” and are based upon certain assumptions, including, but not limited to, metal prices, oil prices, certain exchange rates and other assumptions. For example, 2016 Outlook assumes $1,100/oz Au, $2.50/lb Cu, $0.75 USD/AUD exchange rate and $65/barrel WTI. AISC and CAS cost estimates do not include inflation. Production, AISC and capital estimates exclude projects that have not yet been approved (NW Exodus, Twin Underground, Batu Phase 7, Ahafo Mill Expansion and Subika Underground). The potential impact on inventory valuation as a result of lower prices, input costs, and project decisions are not included as part of this Outlook. Such assumptions may prove to be incorrect and actual results may differ materially from those anticipated. See cautionary note at the end of the release.
b	All-in sustaining costs as used in the Company’s Outlook is a non-GAAP metric defined as the sum of cost applicable to sales (including all direct and indirect costs related to current gold production incurred to execute on the current mine plan), remediation costs (including operating accretion and amortization of asset retirement costs), G&A, exploration expense, advanced projects and R&D, treatment and refining costs, other expense, net of one-time adjustments and sustaining capital.
c	Includes Lone Tree operations.
d	Includes TRJV operations.
e	Consolidated production for Yanacocha is presented on a total production basis for the mine site; attributable production represents a 51.35% interest.
f	Both consolidated and attributable production are shown on a pro-rata basis with a 50% ownership for Kalgoorlie.
g	Production outlook does not include equity production from stakes in TMAC (29.4%), La Zanja (46.94%) and Regis (19.45%).
h	Consolidated production for Batu Hijau is presented on a total production basis for the mine site; whereas attributable production represents a 48.5% ownership interest in 2016 outlook. Outlook for Batu Hijau remains subject to various factors, including, without limitation, renegotiation of the CoW, issuance of future export approvals, negotiations with the labor union, future in-country smelting availability and regulations relating to export quotas, and certain other factors.
i	Consolidated expense outlook is adjusted to exclude extraordinary items. For example, the tax rate outlook above is a consolidated adjusted rate, which assumes the exclusion of certain tax valuation allowance adjustments. Beginning in 2016, regional general and administrative expense is included in total general and administrative expense (G&A) and community development cost is included in CAS.

NEWMONT MINING CORPORATION STATEMENTS OF CONSOLIDATED OPERATIONS (unaudited, in millions except per share)
	Three Months Ended						Years Ended
	December 31,						December 31,
	2015			2014			2015			2014
Sales	$	1,816		$	2,017		$	7,729		$	7,292
Costs and expenses
Costs applicable to sales (1)		1,141			1,129			4,312			4,457
Depreciation and amortization		343			307			1,239			1,229
Reclamation and remediation		192			93			266			154
Exploration		41			45			156			164
Advanced projects, research and development		40			41			133			161
General and administrative		45			48			183			186
Impairment of long-lived assets		50			8			56			26
Other expense, net		79			44			221			205
		1,931			1,715			6,566			6,582
Other income (expense)
Other income, net		-			29			128			157
Interest expense, net		(77	)		(85	)		(325	)		(361	)
		(77	)		(56	)		(197	)		(204	)
Income (loss) before income and mining tax and other items		(192	)		246			966			506
Income and mining tax benefit (expense)		(148	)		(155	)		(644	)		(133	)
Equity income (loss) of affiliates		(11	)		(6	)		(45	)		(4	)
Income (loss) from continuing operations		(351	)		85			277			369
Income (loss) from discontinued operations		(7	)		(24	)		27			(40	)
Net income (loss)		(358	)		61			304			329
Net loss (income) attributable to noncontrolling interests		104			(46	)		(84	)		179
Net income (loss) attributable to Newmont stockholders	$	(254	)	$	15		$	220		$	508
Net income (loss) attributable to Newmont stockholders:
Continuing operations	$	(247	)	$	39		$	193		$	548
Discontinued operations		(7	)		(24	)		27			(40	)
	$	(254	)	$	15		$	220		$	508
Income (loss) per common share
Basic:
Continuing operations	$	(0.48	)	$	0.08		$	0.38		$	1.10
Discontinued operations		(0.02	)		(0.05	)		0.05			(0.08	)
	$	(0.50	)	$	0.03		$	0.43		$	1.02
Diluted:
Continuing operations	$	(0.48	)	$	0.08		$	0.38		$	1.10
Discontinued operations		(0.02	)		(0.05	)		0.05			(0.08	)
	$	(0.50	)	$	0.03		$	0.43		$	1.02
Cash dividends declared per common share	$	0.025		$	0.025		$	0.100		$	0.225

(1) Excludes Depreciation and amortization and Reclamation and remediation.

NEWMONT MINING CORPORATION STATEMENTS OF CONSOLIDATED CASH FLOWS (unaudited, in millions)
	Three Months Ended						Years Ended
	December 31,						December 31,
	2015			2014			2015			2014
Operating activities:
Net income (loss)	$	(358	)	$	61		$	304		$	329
Adjustments:
Depreciation and amortization		343			307			1,239			1,229
Stock based compensation and other non-cash benefits		19			9			77			51
Reclamation and remediation		189			93			259			154
Loss (income) from discontinued operations		7			24			(27	)		40
Impairment of long-lived assets		50			8			56			26
Impairment of investments		13			17			115			21
Deferred income taxes		105			34			317			(149	)
Gain on asset and investment sales, net		(9	)		(34	)		(118	)		(126	)
Gain on deconsolidation of TMAC		—			—			(76	)		—
Other operating adjustments and impairments		99			67			347			574
Net change in operating assets and liabilities		(183	)		(24	)		(336	)		(698	)
Net cash provided by continuing operating activities		275			562			2,157			1,451
Net cash used in discontinued operations		(3	)		(3	)		(12	)		(13	)
Net cash provided by operating activities		272			559			2,145			1,438
Investing activities:
Additions to property, plant and mine development		(460	)		(344	)		(1,401	)		(1,110	)
Acquisitions, net		(4	)		—			(823	)		(28	)
Sales of investments		—			—			29			25
Purchases of investments		—			(25	)		—			(26	)
Proceeds from sale of other assets		77			470			203			661
Other		(2	)		(16	)		(49	)		(29	)
Net cash provided by (used in) investing activities		(389	)		85			(2,041	)		(507	)
Financing activities:
Proceeds from debt, net		—			5			—			601
Repayment of debt		(122	)		(105	)		(454	)		(686	)
Proceeds from stock issuance, net		—			—			675			—
Sale of noncontrolling interests		—			108			37			179
Funding from noncontrolling interests		20			—			109			—
Acquisition of noncontrolling interests		—			(3	)		(8	)		(9	)
Dividends paid to noncontrolling interests		—			—			(3	)		(4	)
Dividends paid to common stockholders		(14	)		(12	)		(52	)		(114	)
Decrease (increase) in restricted cash and other		51			(5	)		(8	)		(32	)
Net cash provided by (used in) financing activities		(65	)		(12	)		296			(65	)
Effect of exchange rate changes on cash		—			(7	)		(21	)		(18	)
Net change in cash and cash equivalents		(182	)		625			379			848
Cash and cash equivalents at beginning of period		2,964			1,778			2,403			1,555
Cash and cash equivalents at end of period	$	2,782		$	2,403		$	2,782		$	2,403

NEWMONT MINING CORPORATION CONSOLIDATED BALANCE SHEETS (unaudited, in millions)
	At December 31,			At December 31,
	2015			2014
ASSETS
Cash and cash equivalents	$	2,782		$	2,403
Trade receivables		260			186
Other accounts receivables		185			290
Investments		19			73
Inventories		710			700
Stockpiles and ore on leach pads		896			666
Deferred income tax assets		—			240
Other current assets		131			881
Current assets		4,983			5,439
Property, plant and mine development, net		14,303			13,650
Investments		402			334
Stockpiles and ore on leach pads		3,000			2,820
Deferred income tax assets		1,718			1,790
Other long-term assets		776			883
Total assets	$	25,182		$	24,916
LIABILITIES
Debt	$	149		$	166
Accounts payable		396			406
Employee-related benefits		293			307
Income and mining taxes		38			74
Other current liabilities		540			1,245
Current liabilities		1,416			2,198
Debt		6,087			6,480
Reclamation and remediation liabilities		1,800			1,606
Deferred income tax liabilities		840			656
Employee-related benefits		437			492
Other long-term liabilities		310			395
Total liabilities		10,890			11,827
EQUITY
Common stock – $1.60 par value;		847			798
Authorized – 750 million shares
Issued and outstanding – 530 million and 499 million shares issued, less 350,000 and 330,000 treasury shares, respectively
Additional paid-in capital		9,427			8,712
Accumulated other comprehensive income (loss)		(334	)		(478	)
Retained earnings		1,410			1,242
Newmont stockholders' equity		11,350			10,274
Noncontrolling interests		2,942			2,815
Total equity		14,292			13,089
Total liabilities and equity	$	25,182		$	24,916

Regional Operating Statistics
	Consolidated gold		Attributable gold
	ounces produced		ounces produced
	(thousands):		(thousands):
	Three Months Ended		Three Months Ended
	December 31,		December 31,
	2015	2014	2015	2014
North America
Carlin	227	233	227	233
Phoenix	45	50	45	50
Twin Creeks	106	110	106	110
La Herradura	—	3	—	3
CC&V	50	—	50	—
	428	396	428	396
South America
Yanacocha	212	322	108	165
Other South America Equity Interests	—	—	18	36
	212	322	126	201
Asia Pacific
Boddington	204	189	204	189
Tanami	95	94	95	94
Waihi	12	26	12	26
Kalgoorlie	82	80	82	80
Batu Hijau	172	43	84	21
Other Asia Pacific Equity Interests	—	—	15	15
	565	432	492	425
Africa
Ahafo	80	105	80	105
Akyem	121	134	121	134
	201	239	201	239
	1,406	1,389	1,247	1,261
Consolidated copper pounds produced (millions):
Phoenix	11	11	11	11
Boddington	20	19	20	19
Batu Hijau	113	68	55	32
	144	98	86	62
Consolidated copper tonnes produced (thousands):
Phoenix	5	5	5	5
Boddington	9	9	9	9
Batu Hijau	51	31	25	15
	65	45	39	29

Regional Operating Statistics
	Consolidated gold		Attributable gold
	ounces produced		ounces produced
	(thousands):		(thousands):
	Years Ended		Years Ended
	December 31,		December 31,
	2015	2014	2015	2014
North America
Carlin	886	907	886	907
Phoenix	205	211	205	211
Twin Creeks	471	389	471	389
La Herradura	—	124	—	124
CC&V	81	—	81	—
	1,643	1,631	1,643	1,631
South America
Yanacocha	918	970	471	498
Other South America Equity Interests	—	—	66	67
	918	970	537	565
Asia Pacific
Boddington	794	696	794	696
Tanami	436	345	436	345
Jundee	—	138	—	138
Waihi	119	132	119	132
Kalgoorlie	316	329	316	329
Batu Hijau	676	76	328	37
Other Asia Pacific Equity Interests	—	—	57	58
	2,341	1,716	2,050	1,735
Africa
Ahafo	332	442	332	442
Akyem	473	472	473	472
	805	914	805	914
	5,707	5,231	5,035	4,845
Consolidated copper pounds produced (millions):
Phoenix	46	46	46	46
Boddington	79	69	79	69
Batu Hijau	494	156	240	76
	619	271	365	191
Consolidated copper tonnes produced (thousands):
Phoenix	21	21	21	21
Boddington	36	31	36	31
Batu Hijau	224	71	109	34
	281	123	166	86

Non-GAAP Financial Measures

Non-GAAP financial measures are intended to provide additional information only and do not have any standard meaning prescribed by generally accepted accounting principles (GAAP). These measures should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP.

Our management uses adjusted net income, adjusted net income per diluted share and Adjusted EBITDA as measures of operating performance to assist in comparing performance from period to period on a consistent basis; as a measure for planning and forecasting overall expectations and for evaluating actual results against such expectations; in communications with the board of directors, stockholders, analysts and investors concerning our financial performance; as useful comparisons to the performance of our competitors; and as metrics of certain management incentive compensation calculations. We believe that adjusted net income, adjusted net income per diluted share and Adjusted EBITDA are used by and are useful to investors and other users of our financial statements in evaluating our operating performance because they provide an additional tool to evaluate our performance without regard to special and non-core items, which can vary substantially from company to company depending upon accounting methods and book value of assets and capital structure. We have provided reconciliations of all non-GAAP measures to their nearest U.S. GAAP measures and have consistently applied the adjustments within our reconciliations in arriving at each non-GAAP measure. These adjustments consist of special items from our U.S. GAAP financial statements as well as other non-core items, such as property, plant and mine development impairments, restructuring costs, gains and losses on sales of asset sales, abnormal production costs and transaction/acquisition costs included in our U.S. GAAP results that warrant adjustment to arrive at non-GAAP results. We consider these items to be necessary adjustments for purposes of evaluating our ongoing business performance and are often considered non-recurring. Such adjustments are subjective and involve significant management judgment.

Adjusted net income (loss)

Management of the Company uses Adjusted net income (loss) to evaluate the Company’s operating performance, and for planning and forecasting future business operations. The Company believes the use of Adjusted net income (loss) allows investors and analysts to understand the results of the continuing operations of the Company and its direct and indirect subsidiaries relating to the production and sale of minerals, by excluding certain items that have a disproportionate impact on our results for a particular period. The net income (loss) adjustments are presented net of tax generally at Company’s statutory effective tax rate of 35% and net of our partners’ noncontrolling interests when applicable. The corollary impact of the adjustments through the Company’s Valuation allowance is shown separately. The tax valuation allowance adjustment includes items such as foreign tax credits, alternative minimum tax credits, capital losses and disallowed foreign losses. Management’s determination of the components of Adjusted net income (loss) are evaluated periodically and based, in part, on a review of non-GAAP financial measures used by mining industry analysts. Net income (loss) attributable to Newmont stockholders is reconciled to Adjusted net income (loss) as follows:

	Three Months Ended						Years Ended
	December 31,						December 31,
	2015			2014			2015			2014
Net income (loss) attributable to Newmont stockholders	$	(254	)	$	15		$	220		$	508
Loss (income) from discontinued operations (1)		7			24			(27	)		40
Impairment of investments (2)		8			10			74			15
Impairment of long-lived assets (3)		18			4			22			11
Restructuring and other (4)		3			3			17			21
Acquisition costs (5)		2			—			12			—
Loss (gain) on asset and investment sales (6)		(6	)		(23	)		(69	)		(54	)
Gain on deconsolidation of TMAC (7)		—			—			(49	)		—
Reclamation charges (8)		94			10			94			10
Ghana Investment Agreement (9)		18			—			18			—
Abnormal production costs at Batu Hijau (10)		—			—			—			28
Tax adjustments (11)		130			43			195			(34	)
Adjusted net income (loss)	$	20		$	86		$	507		$	545
Net income (loss) per share, basic	$	(0.48	)	$	0.03		$	0.43		$	1.02
Loss (income) from discontinued operations, net of taxes		0.01			0.05			(0.05	)		0.08
Impairment of investments, net of taxes		0.02			0.02			0.14			0.03
Impairment of long-lived assets, net of taxes		0.03			0.01			0.04			0.02
Restructuring and other, net of taxes		0.01			0.01			0.03			0.04
Acquisition costs, net of taxes		—			—			0.02			—
Loss (gain) on asset and investment sales, net of taxes		(0.01	)		(0.05	)		(0.13	)		(0.11	)
Gain on deconsolidation of TMAC, net of taxes		—			—			(0.09	)		—
Reclamation charges, net of taxes		0.18			0.02			0.18			0.02
Ghana Investment Agreement, net of taxes		0.03			—			0.03			—
Abnormal production costs at Batu Hijau, net of taxes		—			—			—			0.06
Tax adjustments		0.25			0.08			0.38			(0.07	)
Adjusted net income (loss) per share, basic	$	0.04		$	0.17		$	0.98		$	1.09
Net income (loss) per share, diluted	$	(0.48	)	$	0.03		$	0.43		$	1.02
Loss (income) from discontinued operations, net of taxes		0.01			0.05			(0.05	)		0.08
Impairment of investments, net of taxes		0.02			0.02			0.14			0.03
Impairment of long-lived assets, net of taxes		0.03			0.01			0.04			0.02
Restructuring and other, net of taxes		0.01			0.01			0.03			0.04
Acquisition costs, net of taxes		—			—			0.02			—
Loss (gain) on asset and investment sales, net of taxes		(0.01	)		(0.05	)		(0.13	)		(0.11	)
Gain on deconsolidation of TMAC, net of taxes		—			—			(0.09	)		—
Reclamation charges, net of taxes		0.18			0.02			0.18			0.02
Ghana Investment Agreement, net of taxes		0.03			—			0.03			—
Abnormal production costs at Batu Hijau, net of taxes		—			—			—			0.06
Tax adjustments		0.25			0.08			0.38			(0.07	)
Adjusted net income (loss) per share, diluted	$	0.04		$	0.17		$	0.98		$	1.09

_______________________________

Note: Quarterly amounts may not calculate to annual amounts due to rounding.

(1)	Loss (income) from discontinued operations is presented net of tax $(4), $(11), $11 and $(18) expense (benefit), respectively.
(2)	Impairment of investments is presented net of tax $(5), $(5), $(41) and $(6) expense (benefit), respectively.
(3)	Impairment of long-lived assets is presented net of tax $(18), $(-), $(20) and $(6) expense (benefit), respectively and amounts attributed to noncontrolling interest income (expense) of $(14), $(6), $(14) and $(9), respectively.
(4)	Restructuring and other is presented net of tax $(3), $(2), $(12) and $(13) expense (benefit), respectively and amounts attributed to noncontrolling interest income (expense) of $(2), $(3), $(5) and $(6), respectively.
(5)	Acquisition costs are presented net of tax $(2), $-, $(7) and $- expense (benefit), respectively.
(6)	Loss (gain) on asset and investment sales are presented net of tax $3, $11, $49 and $72 expense (benefit), respectively.
(7)	Gain on deconsolidation of TMAC is presented net of tax $-, $-, $27, and $- expense (benefit), respectively.
(8)	Reclamation charges are presented net of tax $(51), $(5), $(51) and $(5) expense (benefit), respectively.
(9)	Ghana investment agreement is presented net of tax $(9), $-, $(9) and $- expense (benefit), respectively.
(10)	Abnormal production cost at Batu Hijau is presented net of tax $-, $-, $- and $32 expense (benefit), respectively and amounts attributed to noncontrolling interest income (expense) of $-, $-, $- and $30, respectively.
(11)	Tax adjustments include movements in tax valuation allowance and tax adjustments not related to current period earnings.

Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (Adjusted EBITDA)

We also present adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA) as a non-GAAP measure. Management of the Company uses EBITDA and EBITDA adjusted for non-core or certain items that have a disproportionate impact on our results for a particular period (Adjusted EBITDA) as non-GAAP measures to evaluate the Company’s operating performance. EBITDA and Adjusted EBITDA do not represent, and should not be considered an alternative to, net earnings (loss), operating earnings (loss), or cash flow from operations as those terms are defined by GAAP, and does not necessarily indicate whether cash flows will be sufficient to fund cash needs. Although Adjusted EBITDA and similar measures are frequently used as measures of operations and the ability to meet debt service requirements by other companies, our calculation of Adjusted EBITDA is not necessarily comparable to such other similarly titled captions of other companies. The Company believes that Adjusted EBITDA provides useful information to investors and others in understanding and evaluating our operating results in the same manner as our management and board of directors. Management’s determination of the components of Adjusted EBITDA are evaluated periodically and based, in part, on a review of non-GAAP financial measures used by mining industry analysts. Net income (loss) attributable to Newmont stockholders is reconciled to EBITDA and Adjusted EBITDA as follows:

	Three Months Ended						Years Ended
	December 31,						December 31,
	2015			2014			2015			2014
Net income (loss) attributable to Newmont stockholders	$	(254	)	$	15		$	220		$	508
Net income (loss) attributable to noncontrolling interests		(104	)		46			84			(179	)
Loss (income) from discontinued operations		7			24			(27	)		40
Equity loss (income) of affiliates		11			6			45			4
Income and mining tax expense (benefit)		148			155			644			133
Depreciation and amortization		343			307			1,239			1,229
Interest expense, net of capitalized interest		77			85			325			361
EBITDA	$	228		$	638		$	2,530		$	2,096
Adjustments:
Impairment of investments	$	13		$	15		$	115		$	21
Impairment of long-lived assets		50			10			56			26
Restructuring and other		8			8			34			40
Acquisitions costs		4			—			19			—
Gain on deconsolidation of TMAC		—			—			(76	)		—
Loss (gain) on asset and investment sales		(9	)		(34	)		(118	)		(126	)
Abnormal production costs at Batu Hijau		—			—			—			53
Ghana Investment Agreement		27			—			27			—
Reclamation charges		145			15			145			15
Adjusted EBITDA	$	466		$	652		$	2,732		$	2,125

Free Cash Flow

Management uses Free Cash Flow as a non-GAAP measure to analyze cash flows generated from operations. Free Cash Flow is Net cash provided from operations plus Net cash used for discontinued operations less Additions to property, plant and mine development as presented on the Statement of Cash Flows. The Company believes Free Cash Flow is also useful as one of the bases for comparing the Company’s performance with its competitors. Although Free Cash Flow and similar measures are frequently used as measures of cash flows generated from operations by other companies, the Company’s calculation of Free Cash Flow is not necessarily comparable to such other similarly titled captions of other companies.

The presentation of non-GAAP Free Cash Flow is not meant to be considered in isolation or as an alternative to net income as an indicator of the Company’s performance, or as an alternative to cash flows from operating activities as a measure of liquidity as those terms are defined by GAAP, and does not necessarily indicate whether cash flows will be sufficient to fund cash needs. The Company’s definition of Free Cash Flow is limited in that it does not represent residual cash flows available for discretionary expenditures due to the fact that the measure does not deduct the payments required for debt service and other contractual obligations or payments made for business acquisitions. Therefore, the Company believes it is important to view Free Cash Flow as a measure that provides supplemental information to the Company’s Statements of Consolidated Cash Flows.

The following table sets forth a reconciliation of Free Cash Flow, a non-GAAP financial measure, to net cash provided from operations, which the Company believes to be the GAAP financial measure most directly comparable to Free Cash Flow, as well as information regarding net cash used in investing activities and net cash used in financing activities.

	Three Months Ended						Years Ended
	December 31,						December 31,
	2015			2014			2015			2014
Net cash provided by operating activities	$	272		$	559		$	2,145		$	1,438
Plus: Net cash used in discontinued operations		3			3			12			13
Net cash provided by continuing operating activities		275			562			2,157			1,451
Less: Additions to property, plant and mine development		(460	)		(344	)		(1,401	)		(1,110	)
Free Cash Flow	$	(185	)	$	218		$	756		$	341
Net cash provided by (used in) investing activities (1)	$	(389	)	$	85		$	(2,041	)	$	(507	)
Net cash provided by (used in) financing activities	$	(65	)	$	(12	)	$	296		$	(65	)

^{(1) Net cash used in investing activities includes Additions to property plan and mine development, which is included in the Company’s computation of Free Cash Flow.}

Costs applicable to sales per ounce/pound

Costs applicable to sales per ounce/pound are non-GAAP financial measures. These measures are calculated by dividing the costs applicable to sales of gold and copper by gold ounces or copper pounds sold, respectively. These measures are calculated on a consistent basis for the periods presented on a consolidated basis. Costs applicable to sales per ounce/pound statistics are intended to provide additional information only and do not have any standardized meaning prescribed by GAAP and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. The measures are not necessarily indicative of operating profit or cash flow from operations as determined under GAAP. Other companies may calculate these measures differently.

The following tables reconcile these non-GAAP measures to the most directly comparable GAAP measures.

Costs applicable to sales per ounce

	Three Months Ended				Years Ended
	December 31,				December 31,
	2015		2014		2015		2014
Costs applicable to sales (1)	$	971	$	900	$	3,597	$	3,697
Gold sold (thousand ounces)		1,425		1,426		5,677		5,240
Costs applicable to sales per ounce	$	680	$	631	$	633	$	706

^{(1) Includes by-product credits of $10 and $50 in the fourth quarter and full year 2015, respectively, and $14 and $68 in the fourth quarter and full year 2014, respectively.}

Costs applicable to sales per pound

	Three Months Ended				Years Ended
	December 31,				December 31,
	2015		2014		2015		2014
Costs applicable to sales (1)	$	170	$	229	$	715	$	760
Copper sold (million pounds)		144		123		589		264
Costs applicable to sales per pound	$	1.18	$	1.86	$	1.21	$	2.88

^{(1) Includes by-product credits of $5 and $23 in the fourth quarter and full year 2015, respectively, and $5 and $17 in the fourth quarter and full year 2014, respectively.}

All-In Sustaining Costs

Newmont has worked to develop a metric that expands on GAAP measures such as cost of goods sold and non-GAAP measures, such as costs applicable to sales per ounce, to provide visibility into the economics of our mining operations related to expenditures, operating performance and the ability to generate cash flow from operations.

Current GAAP-measures used in the mining industry, such as cost of goods sold, do not capture all of the expenditures incurred to discover, develop, and sustain gold production. Therefore, we believe that all-in sustaining costs is a non-GAAP measure that provides additional information to management, investors, and analysts that aid in the understanding of the economics of our operations and performance compared to other producers and in the investor’s visibility by better defining the total costs associated with production.

All-in sustaining cost (AISC) amounts are intended to provide additional information only and do not have any standardized meaning prescribed by GAAP and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. The measures are not necessarily indicative of operating profit or cash flow from operations as determined under GAAP. Other companies may calculate these measures differently as a result of differences in the underlying accounting principles, policies applied and in accounting frameworks such as in International Financial Reporting Standards (IFRS), or by reflecting the benefit from selling non-gold metals as a reduction to AISC. Differences may also arise related to definitional differences of sustaining versus development capital activities based upon each company’s internal policies.

The following disclosure provides information regarding the adjustments made in determining the all-in sustaining costs measure:

Cost Applicable to Sales - Includes all direct and indirect costs related to current gold production incurred to execute the current mine plan. Costs Applicable to Sales (CAS) includes by-product credits from certain metals obtained during the process of extracting and processing the primary ore-body. CAS is accounted for on an accrual basis and excludes Amortization and Reclamation and remediation, which is consistent with our presentation of CAS on the Statement of Consolidated Income. In determining AISC, only the CAS associated with producing and selling an ounce of gold is included in the measure. Therefore, the amount of gold CAS included in AISC is derived from the CAS presented in the Company’s Statement of Consolidated Income less the amount of CAS attributable to the production of copper at our Phoenix, Boddington and Batu Hijau mines. The copper CAS at those mine sites is disclosed in Note 3 – Segments that accompanies the Consolidated Financial Statements. The allocation of CAS between gold and copper at the Phoenix, Boddington and Batu Hijau mines is based upon the relative sales percentage of copper and gold sold during the period.

Remediation Costs - Includes accretion expense related to asset retirement obligations (ARO) and the amortization of the related Asset Retirement Cost (ARC) for the Company’s operating properties recorded as an ARC asset. Accretion related to ARO and the amortization of the ARC assets for reclamation and remediation do not reflect annual cash outflows but are calculated in accordance with GAAP. The accretion and amortization reflect the periodic costs of reclamation and remediation associated with current gold production and are therefore included in the measure. The allocation of these costs to gold and copper is determined using the same allocation used in the allocation of CAS between gold and copper at the Phoenix, Boddington and Batu Hijau mines.

Advanced Projects and Exploration - Includes incurred expenses related to projects that are designed to increase or enhance current gold production and gold exploration. We note that as current resources are depleted, exploration and advance projects are necessary for us to replace the depleting reserves or enhance the recovery and processing of the current reserves. As this relates to sustaining our gold production, and is considered a continuing cost of a mining company, these costs are included in the AISC measure. These costs are derived from the Advanced projects, research and development and Exploration amounts presented in the Company’s Statement of Consolidated Income less the amount attributable to the production of copper at our Phoenix, Boddington and Batu Hijau mines. The allocation of these costs to gold and copper is determined using the same allocation used in the allocation of CAS between gold and copper at the Batu Hijau, Boddington and Phoenix mines.

General and Administrative - Includes cost related to administrative tasks not directly related to current gold production, but rather related to support our corporate structure and fulfilling our obligations to operate as a public company. Including these expenses in the AISC metric provides visibility of the impact that general and administrative activities have on current operations and profitability on a per ounce basis.

Other Expense, net - Includes costs related to regional administration and community development to support current gold production. We exclude certain exceptional or unusual expenses from Other expense, net, such as restructuring, as these are not indicative to sustaining our current gold operations. Furthermore, this adjustment to Other expense, net is also consistent with the nature of the adjustments made to Net income (loss) as disclosed in the Company’s non-GAAP financial measure Adjusted net income (loss). The allocation of these costs to gold and copper is determined using the same allocation used in the allocation of CAS between gold and copper at the Phoenix, Boddington and Batu Hijau mines.

Treatment and Refining Costs - Includes costs paid to smelters for treatment and refining of our concentrates to produce the salable metal. These costs are presented net as a reduction of Sales.

Sustaining Capital - We determined sustaining capital as those capital expenditures that are necessary to maintain current gold production and execute the current mine plan. Capital expenditures to develop new operations, or related to projects at existing operations where these projects will enhance gold production or reserves, are considered development. We determined the breakout of sustaining and development capital costs based on a systematic review of our project portfolio in light of the nature of each project. Sustaining capital costs are relevant to the AISC metric as these are needed to maintain the Company’s current gold operations and provide improved transparency related to our ability to finance these expenditures from current operations. The allocation of these costs to gold and copper is determined using the same allocation used in the allocation of CAS between gold and copper at the Batu Hijau, Boddington and Phoenix mines.

					Advanced						Treatment							All-In
	Costs				Projects		General		Other		and				All-In		Ounces	Sustaining
Three Months Ended	Applicable		Remediation		and		and		Expense,		Refining		Sustaining		Sustaining		(000)/Pounds	Costs per
December 31, 2015	to Sales (1)(2)(3)		Costs (4)		Exploration		Administrative		Net (5)		Costs		Capital (6)		Costs		(millions) Sold	oz/lb
GOLD
Carlin	$	216	$	1	$	4	$	—	$	2	$	—	$	64	$	287	224	$	1,281
Phoenix		42		—		—		—		1		2		3		48	45		1,067
Twin Creeks		56		1		1		—		2		—		10		70	107		654
CC&V (7)		34		1		2		—		—		—		6		43	49		878
Other North America		—		—		11		—		(2)		—		5		14	—		—
North America		348		3		18		—		3		2		88		462	425		1,087
Yanacocha		155		24		15		—		6		—		38		238	217		1,097
Other South America		—		—		14		—		5		—		—		19	—		—
South America		155		24		29		—		11		—		38		257	217		1,184
Boddington		159		2		1		—		—		6		13		181	231		784
Tanami		53		1		2		—		1		—		23		80	93		860
Waihi (8)		6		—		—		—		—		—		1		7	13		538
Kalgoorlie		66		—		1		—		1		2		7		77	85		906
Batu Hijau		69		—		1		1		6		11		26		114	160		713
Other Asia Pacific		—		—		2		1		11		—		3		17	—		—
Asia Pacific		353		3		7		2		19		19		73		476	582		818
Ahafo		56		2		8		—		—		—		17		83	81		1,025
Akyem		59		1		2		—		1		—		14		77	120		642
Other Africa		—		—		—		—		2		—		—		2	—		—
Africa		115		3		10		—		3		—		31		162	201		806
Corporate and Other		—		—		16		43		3		—		5		67	—		—
Total Gold	$	971	$	33	$	80	$	45	$	39	$	21	$	235	$	1,424	1,425	$	999
COPPER
Phoenix	$	22	$	1	$	—	$	—	$	—	$	—	$	2	$	25	11	$	2.27
Boddington		39		1		1		—		—		5		3		49	25		1.96
Batu Hijau		109		4		—		—		1		22		8		144	108		1.33
Asia Pacific		148		5		1		—		1		27		11		193	133		1.45
Total Copper	$	170	$	6	$	1	$	—	$	1	$	27	$	13	$	218	144	$	1.51
Consolidated	$	1,141	$	39	$	81	$	45	$	40	$	48	$	248	$	1,642

(1)	Excludes Depreciation and amortization and Reclamation and remediation.
(2)	Includes by-product credits of $15.
(3)	Includes stockpile and leach pad inventory adjustments of $30 at Carlin, $2 at Twin Creeks and $35 at Yanacocha.
(4)	Remediation costs include operating accretion of $19 and amortization of asset retirement costs of $10.
(5)	Other expense, net is adjusted for restructuring costs of $8, Ghana investment agreement payment of $27 and acquisition costs of $4.
(6)	Excludes development capital expenditures, capitalized interest, and the increase in accrued capital of $212. The following are major development projects: Merian, Turf Vent Shaft, Long Canyon and the CC&V expansion project.
(7)	The Company acquired the CC&V gold mining business on August 3, 2015.
(8)	On October 29, 2015, the Company sold the Waihi mine.

					Advanced						Treatment							All-In
	Costs				Projects		General		Other		and				All-In		Ounces	Sustaining
Year Ended	Applicable		Remediation		and		and		Expense,		Refining		Sustaining		Sustaining		(000)/Pounds	Costs per
December 31, 2015	to Sales (1)(2)(3)		Costs (4)		Exploration		Administrative		Net (5)		Costs		Capital (6)		Costs		(millions) Sold	oz/lb
GOLD
Carlin	$	788	$	4	$	16	$	—	$	9	$	—	$	188	$	1,005	886	$	1,134
Phoenix		163		4		2		—		3		8		15		195	199		980
Twin Creeks		246		4		8		—		4		—		47		309	473		653
CC&V (7)		44		2		3		—		—		—		7		56	82		683
Other North America		—		—		30		—		3		—		8		41	—		—
North America		1,241		14		59		—		19		8		265		1,606	1,640		979
Yanacocha		555		97		37		—		27		—		97		813	924		880
Other South America		—		—		46		—		6		—		—		52	—		—
South America		555		97		83		—		33		—		97		865	924		936
Boddington		569		9		2		—		1		24		47		652	816		799
Tanami		223		3		7		—		3		—		78		314	434		724
Waihi (8)		54		2		3		—		1		—		3		63	116		543
Kalgoorlie		272		5		3		—		1		5		21		307	318		965
Batu Hijau		274		9		3		1		12		39		48		386	625		618
Other Asia Pacific		—		—		5		2		29		—		6		42	—		—
Asia Pacific		1,392		28		23		3		47		68		203		1,764	2,309		764
Ahafo		204		7		24		—		4		—		57		296	332		892
Akyem		205		6		8		—		7		—		44		270	472		572
Other Africa		—		—		2		—		9		—		—		11	—		—
Africa		409		13		34		—		20		—		101		577	804		718
Corporate and Other		—		—		84		179		12		—		10		285	—		—
Total Gold	$	3,597	$	152	$	283	$	182	$	131	$	76	$	676	$	5,097	5,677	$	898
COPPER
Phoenix	$	91	$	3	$	1	$	—	$	1	$	3	$	9	$	108	47	$	2.30
Boddington		140		2		1		—		—		15		11		169	82		2.06
Batu Hijau		484		18		4		1		9		92		50		658	460		1.43
Asia Pacific		624		20		5		1		9		107		61		827	542		1.53
Total Copper	$	715	$	23	$	6	$	1	$	10	$	110	$	70	$	935	589	$	1.59
Consolidated	$	4,312	$	175	$	289	$	183	$	141	$	186	$	746	$	6,032

(1)	Excludes Depreciation and amortization and Reclamation and remediation.
(2)	Includes by-product credits of $73.
(3)	Includes stockpile and leach pad inventory adjustments of $116 at Carlin, $14 at Twin Creeks, $77 at Yanacocha and $19 at Boddington.
(4)	Remediation costs include operating accretion of $76 and amortization of asset retirement costs of $88.
(5)	Other expense, net is adjusted for restructuring and other costs of $34, the Ghana investment agreement payment of $27 and acquisition costs of $19.
(6)	Excludes development capital expenditures, capitalized interest, and the increase in accrued capital of $655. The following are major development projects: Merian, Turf Vent Shaft, Long Canyon and the CC&V expansion project.
(7)	The Company acquired the CC&V gold mining business on August 3, 2015
(8)	On October 29, 2015, The Company sold the Waihi mine.

					Advanced						Treatment							All-In
	Costs				Projects		General		Other		and				All-In		Ounces	Sustaining
Three Months Ended	Applicable		Remediation		and		and		Expense,		Refining		Sustaining		Sustaining		(000)/Pounds	Costs per
December 31, 2014	to Sales (1)(2)(3)		Costs (4)		Exploration		Administrative		Net (5)		Costs		Capital (6)		Costs		(millions) Sold	oz/lb
GOLD
Carlin	$	188	$	1	$	6	$	—	$	2	$	—	$	45	$	242	232	$	1,043
Phoenix		44		1		1		—		1		2		5		54	45		1,200
Twin Creeks		60		—		1		—		1		—		25		87	111		784
La Herradura (7)		3		—		2		—		—		—		2		7	3		2,333
Other North America		—		—		5		—		(3)		—		3		5	—		—
North America		295		2		15		—		1		2		80		395	391		1,010
Yanacocha		133		21		8		—		11		—		24		197	326		604
Other South America		—		—		15		—		—		—		—		15	—		—
South America		133		21		23		—		11		—		24		212	326		650
Boddington		160		3		—		—		—		1		19		183	214		855
Tanami		66		—		1		—		1		—		35		103	94		1,096
Jundee (7)		—		—		—		—		1		—		(1)		—	—		—
Waihi (7)		18		2		4		—		—		—		—		24	29		828
Kalgoorlie		71		1		1		—		—		2		16		91	79		1,152
Batu Hijau		38		2		—		—		1		5		1		47	48		979
Other Asia Pacific		—		—		2		3		—		—		—		5	—		—
Asia Pacific		353		8		8		3		3		8		70		453	464		976
Ahafo		67		2		9		—		1		—		27		106	111		955
Akyem		52		1		—		—		2		—		12		67	134		500
Other Africa		—		—		2		—		2		—		—		4	—		—
Africa		119		3		11		—		5		—		39		177	245		722
Corporate and Other		—		—		28		44		12		—		1		85	—		—
Total Gold	$	900	$	34	$	85	$	47	$	32	$	10	$	214	$	1,322	1,426	$	927
COPPER
Phoenix	$	27	$	—	$	—	$	—	$	—	$	1	$	3	$	31	11	$	2.82
Boddington		46		—		—		—		1		8		6		61	21		2.90
Batu Hijau		156		5		1		1		3		26		10		202	91		2.22
Asia Pacific		202		5		1		1		4		34		16		263	112		2.35
Total Copper	$	229	$	5	$	1	$	1	$	4	$	35	$	19	$	294	123	$	2.39
Consolidated	$	1,129	$	39	$	86	$	48	$	36	$	45	$	233	$	1,616

(1)	Excludes Depreciation and amortization and Reclamation and remediation.
(2)	Includes by-product credits of $19.
(3)	Includes stockpile and leach pad inventory adjustments of $32 at Carlin, $9 at Phoenix, $8 at Twin Creeks and $11 at Yanacocha.
(4)	Remediation costs include operating accretion of $22 and amortization of asset retirement costs of $17.
(5)	Other expense, net is adjusted for restructuring costs of $8.
(6)	Excludes development capital expenditures, capitalized interest, and the increase in accrued capital of $112. The following are major development projects: Turf Vent Shaft, Merian, Correnso and Conga for 2014.
(7)	On July 1, 2014, the Company sold the Jundee mine. On October 6, 2014, the Company sold its 44% interest in La Herradura. On October 29, 2015, the Company sold the Waihi mine.

					Advanced						Treatment							All-In
	Costs				Projects		General		Other		and				All-In		Ounces	Sustaining
Year Ended	Applicable		Remediation		and		and		Expense,		Refining		Sustaining		Sustaining		(000)/Pounds	Costs per
December 31, 2014	to Sales (1)(2)(3)		Costs (4)		Exploration		Administrative		Net (5)		Costs		Capital (6)		Costs		(millions) Sold	oz/lb
GOLD
Carlin	$	795	$	4	$	22	$	—	$	8	$	—	$	141	$	970	905	$	1,072
Phoenix		160		3		4		—		3		9		17		196	222		883
Twin Creeks		207		2		5		—		3		—		111		328	400		820
La Herradura (7)		89		2		12		—		—		—		21		124	119		1,042
Other North America		—		—		25		—		6		—		9		40	—		—
North America		1,251		11		68		—		20		9		299		1,658	1,646		1,007
Yanacocha		663		101		32		—		35		—		80		911	966		943
Other South America		—		—		41		—		2		—		—		43	—		—
South America		663		101		73		—		37		—		80		954	966		988
Boddington		585		11		—		—		2		4		69		671	690		972
Tanami		251		4		10		—		2		—		91		358	345		1,038
Jundee (7)		85		5		1		—		2		—		15		108	140		771
Waihi (7)		76		3		7		—		2		—		2		90	131		687
Kalgoorlie		284		4		5		—		1		4		32		330	327		1,009
Batu Hijau		81		3		—		—		4		9		8		105	72		1,458
Other Asia Pacific		—		—		5		3		21		—		6		35	—		—
Asia Pacific		1,362		30		28		3		34		17		223		1,697	1,705		995
Ahafo		249		8		27		—		6		—		92		382	450		849
Akyem		172		3		—		—		8		—		17		200	473		423
Other Africa		—		—		8		—		7		—		—		15	—		—
Africa		421		11		35		—		21		—		109		597	923		647
Corporate and Other		—		—		116		182		31		—		17		346	—		—
Total Gold	$	3,697	$	153	$	320	$	185	$	143	$	26	$	728	$	5,252	5,240	$	1,002
COPPER
Phoenix	$	108	$	1	$	2	$	—	$	1	$	5	$	13	$	130	46	$	2.83
Boddington		158		2		—		—		1		25		18		204	66		3.09
Batu Hijau		494		15		3		1		20		45		51		629	152		4.14
Asia Pacific		652		17		3		1		21		70		69		833	218		3.82
Total Copper	$	760	$	18	$	5	$	1	$	22	$	75	$	82	$	963	264	$	3.65
Consolidated	$	4,457	$	171	$	325	$	186	$	165	$	101	$	810	$	6,215

(1)	Excludes Depreciation and amortization and Reclamation and remediation.
(2)	Includes by-product credits of $85.
(3)	Includes stockpile and leach pad inventory adjustments of $127 at Carlin, $13 at Phoenix, $15 at Twin Creeks, $75 at Yanacocha, $69 at Boddington and $191 at Batu Hijau.
(4)	Remediation costs include operating accretion of $76 and amortization of asset retirement costs of $95.
(5)	Other expense, net is adjusted for restructuring costs of $40.
(6)	Excludes development capital expenditures, capitalized interest, and the decrease in accrued capital, totaling $300. The following are major development projects: Turf Vent Shaft, Merian, Correnso and Conga.
(7)	On July 1, 2014, the Company sold the Jundee mine. On October 6, 2014, the Company sold its 44% interest in La Herradura. On October 29, 2015, the Company sold the Waihi mine.

Conference Call Information

A conference call will be held on Thursday, February 18, 2016 at 9:30 a.m. Eastern Time (7:30 a.m. Mountain Time); it will also be carried on the Company's website.

Conference Call Details

Dial-In Number	800.857.6428
Intl Dial-In Number	517.623.4916
Leader	Meredith Bandy
Passcode	Newmont
Replay Number	800.510.9771
Intl Replay Number	402.344.6800
Replay Passcode	2016

Webcast Details

URL: http://event.on24.com/wcc/r/1109701/9C506D09EFB7896AEBDC0BDA88AD2349

The fourth quarter and full year 2015 results will be available after the market close on Wednesday February 17, 2016 on the “Investor Relations” section of the Company’s website, www.newmont.com. Additionally, the conference call will be archived for a limited time on the Company’s website.

Investors are reminded to refer to the investor Briefcase on www.newmont.com which contains operating statistics, MD&A and other relevant financial information

Cautionary Statement Regarding Forward Looking Statements, Including Outlook:

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws. Such forward-looking statements may include, without limitation: (i) estimates of future consolidated and attributable production and sales; (ii) estimates of future costs applicable to sales and All-in sustaining costs; (iii) estimates of future consolidated and attributable capital expenditures; (iv) our efforts to continue delivering reduced costs and efficiency; (v) expectations regarding the development, growth and potential of the Company’s operations, projects and investments; and (vi) expectations regarding future debt repayments. Estimates or expectations of future events or results are based upon certain assumptions, which may prove to be incorrect. Such assumptions, include, but are not limited to: (i) there being no significant change to current geotechnical, metallurgical, hydrological and other physical conditions; (ii) permitting, development, operations and expansion of the Company’s operations and projects being consistent with current expectations and mine plans, including without limitation receipt of export approvals; (iii) political developments in any jurisdiction in which the Company operates being consistent with its current expectations; (iv) certain exchange rate assumptions for the Australian dollar to the U.S. dollar, as well as other the exchange rates being approximately consistent with current levels; (v) certain price assumptions for gold, copper and oil; (vi) prices for key supplies being approximately consistent with current levels; (vii) the accuracy of our current mineral reserve and mineralized material estimates; (viii) the acceptable outcome of negotiation of the amendment to the Contract of Work and/or resolution of export issues in Indonesia; and (ix) other assumptions noted herein. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, such statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by the “forward-looking statements”. Such risks include, but are not limited to, gold and other metals price volatility, currency fluctuations, increased production costs and variances in ore grade or recovery rates from those assumed in mining plans, political and operational risks, community relations, conflict resolution and outcome of projects or oppositions and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company’s 2015 Annual Report on Form 10-K, filed on February 17, 2016, with the Securities and Exchange Commission (SEC), as well as the Company’s other SEC filings. The Company does not undertake any obligation to release publicly revisions to any “forward-looking statement,” including, without limitation, outlook, to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued “forward-looking statement” constitutes a reaffirmation of that statement. Continued reliance on “forward-looking statements” is at investors' own risk.

Investors are reminded that this news release should be read in conjunction with Newmont’s Form 10-K expected to be filed on or about February 17, 2016 with the SEC (also available at www.newmont.com).

CONTACT:
Newmont Mining Corporation
Investor Contact
Meredith Bandy, 303-837-5143
meredith.bandy@newmont.com
or
Media Contact
Omar Jabara, 303-837-5114
omar.jabara@newmont.com

EX-99.2

Exhibit 99.2

Newmont Reports Reserves and Resources with Notable Additions

DENVER--(BUSINESS WIRE)--February 17, 2016--Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) reported gold reserves of 73.7 million ounces and copper reserves of 5.7 billion pounds for 2015.

The Company added 5.0 million ounces of reserves through exploration and 4.0 million ounces through the acquisition of Cripple Creek and Victor (CC&V), more than offsetting depletion of 6.5 million ounces. Notable gold reserve additions for the year include 1.1 million ounces at Kalgoorlie, 1.0 million ounces at Carlin underground, 0.8 million ounces at Tanami and 0.8 million ounces at Subika. Overall gold reserve grades rose slightly from the prior year to 1.06 grams per tonne. Gold resource additions¹ include 0.9 million ounces at Subika, 0.8 million ounces at Carlin underground, 0.7 million ounces at Tanami, and 0.5 million ounces at Ahafo.

Divestments, price changes and revisions offset these gains. Gold reserves were calculated at $1,200 per ounce, down from $1,300 per ounce in 2014, resulting in a negative 3.0 million ounce revision due to price. The largest price impact was at Akyem where a marginally economic layback, not included in the current mine plan, was moved to resources. Newmont also moved 6.5 million ounces of reserves at Conga to resources due to the expiration of certain operating and construction permits as well as uncertain prospects for future development and permitting.

Newmont reported 37.8 million ounces of attributable Measured and Indicated gold resources and 15.3 million ounces attributable Inferred gold resources in 2015. Total attributable gold resources increased by 10.4 million ounces or 24% from the prior year. The Company added 4.3 million ounces through exploration and 6.1 million ounces through the addition of CC&V, which more than offset conversions of 5.5 million ounces and divestments of 1.2 million ounces. Gold resources were calculated at $1,400 per ounce, unchanged from the prior year.

Newmont also reported 5.7 billion pounds of attributable copper reserves, 9.7 billion pounds of attributable Measured and Indicated copper resources and 1.9 billion pounds attributable Inferred copper resources. Copper reserves were down from 2014 primarily due to the reclassification of Conga reserves. Copper reserves were calculated at $2.75 per pound, down from $3.00 per pound in 2014. Copper resources were calculated at $3.50 per pound, unchanged from 2014.

Attributable Proven and Probable silver reserves for 2015 were 113 million ounces. Attributable Measured and Indicated silver resources for 2015 were 89 million ounces, with additional Inferred silver resources of 26 million ounces. Silver reserves and resources were calculated using prices of $19.00 and $24.00 per ounce, respectively, down from $20.00 and $25.00, respectively from 2014.

¹ Divestments include Regis and La Zanja equity reserves, which were removed from reported reserves. Resources include measured, indicated and inferred resources; totals may not add up due to rounding.

Gold Reserve Sensitivity

A $100 increase in gold price would result in an approximate 6% increase in gold reserves while a $100 decrease in gold price would result in an approximate 5% decrease in gold reserves. These sensitivities assume an oil price of $75 per barrel (WTI) and an Australian dollar exchange rate of $0.80.

For additional details on Newmont’s reported Gold, Copper and Silver Mineral Reserves and Resources, please refer to the tables at the end of this release.

Exploration Planned Activity

Newmont’s 2016 attributable exploration budget is approximately $185 million. Of this amount, the Company expects to spend about 45% in North America, 15% in South America, and the rest split between Asia Pacific, Africa and other locations. Of the total attributable exploration budget, Newmont expects to spend approximately 75% on near mine and brownfields exploration activities, with the balance allocated to greenfields programs.

Reserve and Resource Tables

Proven and Probable reserves are based on extensive drilling, sampling, mine modeling and metallurgical testing from which we determine economic feasibility. Metal price assumptions follow SEC guidance not to exceed a three year trailing average. The price sensitivity of reserves depends upon several factors including grade, metallurgical recovery, operating cost, waste-to-ore ratio and ore type. Metallurgical recovery rates vary depending on the metallurgical properties of each deposit and the production process used. The reserve tables included in this release list the average metallurgical recovery rate for each deposit, which takes into account the assumed processing methods. The cut-off grade, or lowest grade of mineralized material considered economic to process, varies with material type, price, metallurgical recoveries, operating costs and co- or by-product credits. The Proven and Probable reserve figures presented herein are estimates based on information available at the time of calculation. No assurance can be given that the indicated levels of recovery of gold and copper will be realized. Ounces of gold and silver or pounds of copper included in the proven and probable reserves are those contained prior to losses during metallurgical treatment. Reserve estimates may require revision based on actual production. Market fluctuations in the price of gold or copper, as well as increased production costs or reduced metallurgical recovery rates, could render certain proven and probable reserves containing relatively lower grades of mineralization uneconomic to exploit and might result in a reduction of reserves.

The Measured, Indicated, and Inferred resource figures presented herein are estimates based on information available at the time of calculation and are exclusive of reserves. A “Mineral Resource” is a concentration or occurrence of solid material of economic interest in or on the earth’s crust in such form, grade, or quality and quantity that there are reasonable prospects for eventual economic extraction. The location, quantity, grade or quality, continuity and other geological characteristics of a Mineral Resource are known, estimated or interpreted from specific geological evidence and knowledge, including sampling. Mineral Resources are sub-divided, in order of increasing geological confidence, into Inferred, Indicated and Measured categories. Ounces of gold and silver or pounds of copper included in the Measured, Indicated and Inferred resources are those contained prior to losses during metallurgical treatment. Market fluctuations in the price of gold and copper, as well as increased production costs or reduced metallurgical recovery rates, could change future estimates of resources. Please refer to the reserves and resources legal cautionary note at the end of the release.

We publish reserves and resources annually, and will recalculate reserves and resources at year-end 2016, taking into account metal prices, changes, if any, in future production and capital costs, mine designs, model changes, divestments and depletion as well as any acquisitions and additions during 2016.

Attributable Proven, Probable, and Combined Gold Reserves(1), U.S. Units
December 31, 2015												December 31, 2014
		Proven Reserves			Probable Reserves			Proven and Probable Reserves			Metallurgical Recovery	Proven + Probable Reserves
Deposits/Districts by Reporting Unit	Newmont	Tonnage	Grade	Gold	Tonnage	Grade	Gold	Tonnage	Grade	Gold		Tonnage	Grade	Gold
	Share(11)	(x1000 tons)	(oz/ton)	(x1000 ozs)	(x1000 tons)	(oz/ton)	(x1000 ozs)	(x1000 tons)	(oz/ton)	(x1000 ozs)		(x1000 tons)	(oz/ton)	(x1000 ozs)
North America
Carlin Open Pits, Nevada	100%	76,400	0.056	4,300	149,700	0.031	4,590	226,100	0.039	8,890	67%	244,300	0.037	9,090
Carlin Underground, Nevada	100%	15,700	0.257	4,030	7,300	0.285	2,070	23,000	0.266	6,100	84%	23,300	0.258	6,030
Carlin Stockpiles, Nevada(6)	100%	22,800	0.059	1,330	-		-	22,800	0.059	1,330	83%	26,800	0.058	1,550
Carlin Leach Pad, Nevada(5)	100%	-		-	32,200	0.014	460	32,200	0.014	460	55%	20,200	0.014	290
Total Carlin, Nevada		114,900	0.084	9,660	189,200	0.038	7,120	304,100	0.055	16,780	74%	314,600	0.054	16,960
Phoenix, Nevada	100%	17,300	0.020	340	271,000	0.017	4,670	288,300	0.017	5,010	76%	322,700	0.017	5,510
Phoenix Stockpiles, Nevada(6)	100%	3,200	0.028	90	-		-	3,200	0.028	90	78%	3,300	0.027	90
Lone Tree Stockpiles, Nevada(6)	100%	2,700	0.007	20	-		-	2,700	0.007	20	39%	500	0.017	10
Lone Tree Leach Pad, Nevada(5)	100%	1,000	0.007	10	-		-	1,000	0.007	10	39%	1,600	0.005	10
Total Phoenix, Nevada		24,200	0.019	460	271,000	0.017	4,670	295,200	0.017	5,130	76%	328,100	0.017	5,620
Twin Creeks, Nevada	100%	4,700	0.109	510	24,500	0.049	1,200	29,200	0.058	1,710	75%	33,600	0.064	2,150
Turquoise Ridge, Nevada(4)	25%	1,600	0.461	750	1,500	0.431	650	3,100	0.446	1,400	92%	3,000	0.493	1,490
Twin Creeks Stockpiles, Nevada(6)	100%	35,600	0.064	2,280	-		-	35,600	0.064	2,280	70%	36,100	0.065	2,340
Twin Creeks Leach Pad, Nevada(5)	100%	2,900	0.011	30	-		-	2,900	0.011	30	70%	2,200	0.011	20
Total Twin Creeks, Nevada		44,800	0.080	3,570	26,000	0.071	1,850	70,800	0.077	5,420	77%	74,900	0.080	6,000
Long Canyon, Nevada (3)	100%	-		-	18,000	0.067	1,200	18,000	0.067	1,200	76%	18,400	0.067	1,230
CC&V,Colorado	100%	69,500	0.019	1,290	31,300	0.037	1,150	100,800	0.024	2,440	65%	-		-
CC&V Stockpiles, Colorado	100%	-		-	2,700	0.084	230	2,700	0.084	230	81%	-		-
CC&V Leach Pad, Colorado	100%	-		-	46,000	0.025	1,160	46,000	0.025	1,160	61%	-		-
Total CC&V, Colorado		69,500	0.019	1,290	80,000	0.032	2,540	149,500	0.026	3,830	64%	-		-
TOTAL NORTH AMERICA(2)		253,400	0.059	14,980	584,200	0.030	17,380	837,600	0.039	32,360	74%	736,000	0.040	29,810
South America
Yanacocha Open Pits	51.35%	26,300	0.016	410	86,900	0.018	1,530	113,200	0.017	1,940	71%	87,700	0.020	1,720
Yanacocha Stockpiles (6)	51.35%	7,800	0.052	410	-		-	7,800	0.052	410	67%	8,700	0.058	500
Yanacocha Leach Pad(5)	51.35%	12,600	0.019	240	-		-	12,600	0.019	240	68%	12,800	0.021	270
Total Yanacocha, Peru		46,700	0.023	1,060	86,900	0.018	1,530	133,600	0.019	2,590	70%	109,200	0.023	2,490
Conga, Peru(7)(13)	51.35%	-		-	-		-	-		-	0%	303,400	0.021	6,460
Merian, Suriname (8)	75%	-		-	110,600	0.035	3,840	110,600	0.035	3,840	89%	104,700	0.034	3,610
TOTAL SOUTH AMERICA		46,700	0.023	1,060	197,500	0.027	5,370	244,200	0.026	6,430	81%	517,300	0.024	12,560
Asia Pacific
Boddington, Western Australia	100%	107,400	0.020	2,150	404,300	0.021	8,300	511,700	0.020	10,450	83%	534,100	0.021	10,990
Boddington Stockpiles	100%	19,500	0.016	310	73,900	0.013	970	93,400	0.014	1,280	77%	84,600	0.014	1,180
Total Boddington, Western Australia		126,900	0.019	2,460	478,200	0.019	9,270	605,100	0.019	11,730	83%	618,700	0.020	12,170
Kalgoorlie Open Pit and Underground	50%	11,100	0.059	650	34,100	0.059	2,000	45,200	0.059	2,650	84%	36,700	0.057	2,080
Kalgoorlie Stockpiles(6)	50%	66,000	0.023	1,500	-		-	66,000	0.023	1,500	76%	61,400	0.023	1,400
Total Kalgoorlie, Western Australia		77,100	0.028	2,150	34,100	0.059	2,000	111,200	0.037	4,150	81%	98,100	0.035	3,480
Tanami, Northern Territory	100%	6,100	0.163	1,000	14,400	0.170	2,460	20,500	0.168	3,460	96%	19,600	0.169	3,310
Waihi, New Zealand(2)	100%	-		-	-		-	-		-	0%	2,200	0.161	360
Batu Hijau Open Pit, Indonesia (12)	48.5%	101,900	0.017	1,780	32,600	0.008	250	134,500	0.015	2,030	75%	221,200	0.013	2,860
Batu Hijau Stockpiles, Indonesia (6)(12)	48.5%	-		-	184,800	0.003	640	184,800	0.003	640	68%	157,900	0.003	480
Total Batu Hijau, Indonesia		101,900	0.017	1,780	217,400	0.004	890	319,300	0.008	2,670	73%	379,100	0.009	3,340
TOTAL ASIA PACIFIC		312,000	0.024	7,390	744,100	0.020	14,620	1,056,100	0.021	22,010	83%	1,117,700	0.020	22,660
Africa
Ahafo Open Pits	100%	10,000	0.063	630	62,800	0.053	3,320	72,800	0.054	3,950	90%	92,600	0.051	4,730
Ahafo Underground (11)	100%	-		-	9,300	0.143	1,330	9,300	0.143	1,330	93%	4,900	0.129	630
Ahafo Stockpiles(6)	100%	44,800	0.030	1,360	-		-	44,800	0.030	1,360	86%	43,100	0.031	1,350
Total Ahafo, Ghana		54,800	0.036	1,990	72,100	0.064	4,650	126,900	0.052	6,640	90%	140,600	0.048	6,710
Ahafo North(10)	100%	-		-	36,900	0.071	2,620	36,900	0.071	2,620	92%	40,100	0.080	3,200
Akyem Open Pit	100%	19,900	0.050	1,000	47,200	0.048	2,260	67,100	0.049	3,260	88%	125,700	0.049	6,190
Akyem Stockpiles (6)	100%	10,000	0.040	400	-		-	10,000	0.040	400	89%	8,500	0.057	480
Total, Akyem, Ghana		29,900	0.047	1,400	47,200	0.048	2,260	77,100	0.048	3,660	89%	134,200	0.050	6,670
TOTAL AFRICA		84,700	0.040	3,390	156,200	0.061	9,530	240,900	0.054	12,920	90%	314,900	0.053	16,580
TOTAL NEWMONT WORLDWIDE(9)		696,800	0.039	26,820	1,682,000	0.028	46,900	2,378,800	0.031	73,720	80%	2,685,900	0.030	81,610

(1)	2015 reserves were calculated at a gold price of $1,200 or A$1,500 per ounce unless otherwise noted. 2014 reserves were calculated at a gold price of $1,300, A$1,415 or NZ$1,735 per ounce unless otherwise noted. Tonnages include allowances for losses resulting from mining methods. Tonnages are rounded to the nearest 100,000 unless they are less than 50,000.
(2)	Waihi sold to OceanaGold Corporation on October 29, 2015.
(3)	Project is currently being developed. Cut-off grade utilized in 2015 reserves not less than 0.007 ounce per ton.
(4)	Reserve estimates provided by Barrick, the operator of the Turquoise Ridge Joint Venture.
(5)	Leach pad material is the material on leach pads at the end of the year from which gold remains to be recovered.
(6)	Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans.
(7)	Reserve balances reported for Conga in 2014 were reclassified to Resources in 2015.
(8)	Project is currently under development. Percentage reflects Newmont’s economic interest at December 31, 2015. Gold cut-off grades utilized in 2015 reserves not less than 0.010 ounce per ton.
(9)	Total Gold reserves balances were decreased by 120,000 ounces and 460,000 ounces of gold reserves for ounces removed related to La Zanja and Duketon, respectively, which were included previously. For more detail on La Zanja reserves please refer to the Buenaventura website. For more detail on Duketon reserves please refer to the Regis Resources website.
(10)	Includes undeveloped reserves at six pits in the Ahafo trend totaling 2.6 million ounces. Cut-off grade utilized in 2015 reserves not less than 0.014 ounce per ton.
(11)	Project is partially developed with on-going studies being completed prior to a production decision. Cut-off grade utilized in 2015 reserves not less than 0.076 ounce per ton.
(12)	Percentage reflects Newmont’s economic interest as of December 31, 2015.
(13)	Project is currently undeveloped.

Attributable Proven, Probable, and Combined Gold Reserves(1), Metric Units
December 31, 2015												December 31, 2014
		Proven Reserves			Probable Reserves			Proven and Probable Reserves			Metallurgical Recovery	Proven + Probable Reserves
Deposits/Districts by Reporting Unit	Newmont	Tonnage	Grade	Gold	Tonnage	Grade	Gold	Tonnage	Grade	Gold		Tonnage	Grade	Gold
	Share(11)	(x1000 tonnes)	(g/tonne)	(x1000 ozs)	(x1000 tonnes)	(g/tonne)	(x1000 ozs)	(x1000 tonnes)	(g/tonne)	(x1000 ozs)		(x1000 tonnes)	(g/tonne)	(x1000 ozs)
North America
Carlin Open Pits, Nevada	100%	69,300	1.93	4,300	135,800	1.05	4,590	205,100	1.35	8,890	67%	221,700	1.27	9,090
Carlin Underground, Nevada	100%	14,200	8.80	4,030	6,600	9.76	2,070	20,800	9.10	6,100	84%	21,200	8.84	6,030
Carlin Stockpiles, Nevada(6)	100%	20,700	2.01	1,330	-		-	20,700	2.01	1,330	83%	24,360	1.98	1,550
Carlin Leach Pad, Nevada(5)	100%	-		-	29,200	0.49	460	29,200	0.49	460	55%	18,320	0.49	290
Total Carlin, Nevada		104,200	2.89	9,660	171,600	1.29	7,120	275,800	1.89	16,780	74%	285,580	1.85	16,960
Phoenix, Nevada	100%	15,700	0.68	340	245,800	0.59	4,670	261,500	0.60	5,010	76%	292,800	0.58	5,510
Phoenix Stockpiles, Nevada(6)	100%	2,900	0.96	90	-		-	2,900	0.96	90	78%	3,000	0.93	90
Lone Tree Stockpiles, Nevada(6)	100%	2,400	0.24	20	-		-	2,400	0.24	20	39%	500	0.58	10
Lone Tree Leach Pad, Nevada(5)	100%	900	0.24	10	-		-	900	0.24	10	39%	1,500	0.17	10
Total Phoenix, Nevada		21,900	0.65	460	245,800	0.59	4,670	267,700	0.60	5,130	76%	297,800	0.59	5,620
Twin Creeks, Nevada	100%	4,200	3.72	510	22,200	1.68	1,200	26,400	2.00	1,710	75%	30,500	2.19	2,150
Turquoise Ridge, Nevada(4)	25%	1,500	15.80	750	1,400	14.77	650	2,900	15.31	1,400	92%	2,700	16.91	1,490
Twin Creeks Stockpiles, Nevada(6)	100%	32,300	2.19	2,280	-		-	32,300	2.19	2,280	70%	32,800	2.22	2,340
Twin Creeks Leach Pad, Nevada(5)	100%	2,600	0.38	30	-		-	2,600	0.38	30	70%	2,000	0.38	20
Total Twin Creeks, Nevada		40,600	2.73	3,570	23,600	2.44	1,850	64,200	2.62	5,420	77%	68,000	2.74	6,000
Long Canyon, Nevada (3)	100%	-		-	16,300	2.28	1,200	16,300	2.28	1,200	76%	16,700	2.29	1,230
CC&V,Colorado	100%	63,100	0.64	1,290	28,400	1.26	1,150	91,500	0.83	2,440	65%	-		-
CC&V Stockpiles, Colorado	100%	-		-	2,500	2.88	230	2,500	2.88	230	81%	-		-
CC&V Leach Pad, Colorado	100%	-		-	41,700	0.86	1,160	41,700	0.86	1,160	61%	-		-
Total CC&V, Colorado		63,100	0.64	1,290	72,600	1.09	2,540	135,700	0.88	3,830	64%	-		-
TOTAL NORTH AMERICA		229,800	2.03	14,980	529,900	1.02	17,380	759,700	1.32	32,360	74%	668,080	1.39	29,810
South America
Yanacocha Open Pits	51.35%	23,900	0.54	410	78,800	0.61	1,530	102,700	0.59	1,940	71%	79,600	0.67	1,720
Yanacocha Stockpiles (6)	51.35%	7,100	1.79	410	-		-	7,100	1.79	410	67%	7,900	1.98	500
Yanacocha Leach Pad(5)	51.35%	11,400	0.66	240	-		-	11,400	0.66	240	68%	11,600	0.72	270
Total Yanacocha, Peru		42,400	0.78	1,060	78,800	0.61	1,530	121,200	0.67	2,590	70%	99,100	0.78	2,490
Conga, Peru(7)(13)	51.35%	-		-	-		-	-		-	0%	275,200	0.73	6,460
Merian, Suriname (8)	75%	-		-	100,300	1.19	3,840	100,300	1.19	3,840	89%	95,000	1.18	3,610
TOTAL SOUTH AMERICA		42,400	0.78	1,060	179,100	0.93	5,370	221,500	0.90	6,430	81%	469,300	0.83	12,560
Asia Pacific
Boddington, Western Australia	100%	97,500	0.69	2,150	366,800	0.70	8,300	464,300	0.70	10,450	83%	484,600	0.71	10,990
Boddington Stockpiles	100%	17,700	0.55	310	67,100	0.45	970	84,800	0.47	1,280	77%	76,800	0.48	1,180
Total Boddington, Western Australia		115,200	0.67	2,460	433,900	0.66	9,270	549,100	0.66	11,730	83%	561,400	0.67	12,170
Kalgoorlie Open Pit and Underground	50%	10,000	2.01	650	31,000	2.01	2,000	41,000	2.01	2,650	84%	33,300	1.94	2,080
Kalgoorlie Stockpiles(6)	50%	59,900	0.78	1,500	-		-	59,900	0.78	1,500	76%	55,700	0.78	1,400
Total Kalgoorlie, Western Australia		69,900	0.96	2,150	31,000	2.01	2,000	100,900	1.28	4,150	81%	89,000	1.22	3,480
Tanami, Northern Territory	100%	5,600	5.57	1,000	13,100	5.85	2,460	18,700	5.76	3,460	96%	17,700	5.80	3,310
Waihi, New Zealand	100%	-		-	-		-	-		-	0%	2,000	5.52	360
Batu Hijau Open Pit, Indonesia (12)	48.5%	92,500	0.60	1,780	29,600	0.26	250	122,100	0.52	2,030	75%	200,600	0.44	2,860
Batu Hijau Stockpiles, Indonesia (6)(12)	48.5%	-		-	167,700	0.12	640	167,700	0.12	640	68%	143,200	0.10	480
Total Batu Hijau, Indonesia		92,500	0.60	1,780	197,300	0.14	890	289,800	0.29	2,670	73%	343,800	0.30	3,340
TOTAL ASIA PACIFIC		283,200	0.81	7,390	675,300	0.67	14,620	958,500	0.71	22,010	83%	1,013,900	0.70	22,660
Africa
Ahafo Open Pits(10)	100%	9,100	2.16	630	57,000	1.81	3,320	66,100	1.86	3,950	90%	83,900	1.75	4,730
Ahafo Underground (11)	100%	-		-	8,500	4.89	1,330	8,500	4.89	1,330	93%	4,400	4.43	630
Ahafo Stockpiles(6)	100%	40,600	1.04	1,360	-		-	40,600	1.04	1,360	86%	39,100	1.07	1,350
Total Ahafo, Ghana		49,700	1.24	1,990	65,500	2.21	4,650	115,200	1.79	6,640	90%	127,400	1.64	6,710
Ahafo North(10)	100%	-		-	33,500	2.44	2,620	33,500	2.44	2,620	92%	36,400	2.73	3,200
Akyem Open Pit	100%	18,000	1.72	1,000	42,800	1.65	2,260	60,800	1.67	3,260	88%	114,100	1.69	6,190
Akyem Stockpiles (6)	100%	9,100	1.39	400	-		-	9,100	1.39	400	89%	7,700	1.94	480
Total, Akyem, Ghana		27,100	1.61	1,400	42,800	1.65	2,260	69,900	1.63	3,660	89%	121,800	1.70	6,670
TOTAL AFRICA		76,800	1.37	3,390	141,800	2.09	9,530	218,600	1.84	12,920	90%	285,600	1.80	16,580
TOTAL NEWMONT WORLDWIDE(9)		632,200	1.32	26,820	1,526,100	0.96	46,900	2,158,300	1.06	73,720	80%	2,436,880	1.04	81,610

See Footnotes under Gold Reserves U.S. units table.

Attributable Gold Mineral Resources(1)(2) - December 31, 2015, U.S. Units
		Gold Measured Resource			Gold Indicated Resource			Gold Measured + Indicated Resource(3)			Gold Inferred Resource
Deposits/Districts	Newmont Share(11)	Tonnage	Grade	Au	Tonnage	Grade	Au	Tonnage	Grade	Au	Tonnage	Grade	Au
		(x1000 tons)	(oz/ton)	(x1000 ozs)	(x1000 tons)	(oz/ton)	(x1000 ozs)	(x1000 tons)	(oz/ton)	(x1000 ozs)	(x1000 tons)	(oz/ton)	(x1000 ozs)
North America
Carlin Trend Open Pit, Nevada	100%	29,700	0.037	1,100	59,400	0.024	1,400	89,100	0.028	2,500	15,200	0.021	310
Carlin Trend Underground, Nevada	100%	200	0.154	40	1,600	0.198	310	1,800	0.192	350	3,200	0.257	820
Total Carlin, Nevada		29,900	0.038	1,140	61,000	0.028	1,710	90,900	0.031	2,850	18,400	0.062	1,130
Phoenix, Nevada	100%	4,800	0.011	50	148,900	0.011	1,680	153,700	0.011	1,730	72,800	0.013	950
Lone Tree Complex, Nevada	100%	-		-	2,200	0.023	50	2,200	0.023	50	5,100	0.016	80
Buffalo Valley, Nevada(7)	70%	-		-	15,500	0.019	290	15,500	0.019	290	400	0.011	-
Phoenix Stockpiles, Nevada(5)	100%	-		-	-		-	-		-	2,300	0.043	100
Total Phoenix, Nevada		4,800	0.011	50	166,600	0.012	2,020	171,400	0.012	2,070	80,600	0.014	1,130
Twin Creeks, Nevada	100%	8,800	0.072	630	30,600	0.052	1,600	39,400	0.057	2,230	1,400	0.023	30
Sandman, Nevada(7)	100%	-		-	1,300	0.036	50	1,300	0.036	50	1,100	0.054	60
Turquoise Ridge, Nevada (4)	25%	900	0.484	430	500	0.437	230	1,400	0.466	660	500	0.488	240
Twin Creeks Stockpiles, Nevada(5)	100%	7,800	0.061	470	-		-	7,800	0.061	470	-		-
Total Twin Creeks, Nevada		17,500	0.088	1,530	32,400	0.058	1,880	49,900	0.068	3,410	3,000	0.111	330
Long Canyon, Nevada	100%	300	0.092	20	9,100	0.093	840	9,400	0.093	860	14,900	0.090	1,340
CC&V,Colorado	100%	68,400	0.015	1,040	66,700	0.017	1,120	135,100	0.016	2,160	33,900	0.011	380
TOTAL NORTH AMERICA		120,900	0.031	3,780	335,800	0.023	7,570	456,700	0.025	11,350	150,800	0.029	4,310
South America
Conga, Peru(7)	51.35%	-	-	-	392,700	0.019	7,490	392,700	0.019	7,490	130,500	0.011	1,480
Yanacocha, Peru	51.35%	3,900	0.015	60	19,100	0.014	270	23,000	0.014	330	97,600	0.025	2,420
Merian, Suriname(6)	75%	3,800	0.015	60	24,000	0.024	570	27,800	0.023	630	36,800	0.030	1,100
TOTAL SOUTH AMERICA		7,700	0.015	120	435,800	0.019	8,330	443,500	0.019	8,450	264,900	0.019	5,000
Asia Pacific
Boddington, Western Australia	100%	19,900	0.013	270	209,300	0.015	3,210	229,200	0.015	3,480	6,900	0.016	110
Kalgoorlie, Western Australia	50%	5,500	0.034	190	11,500	0.022	250	17,000	0.026	440	200	0.084	10
Tanami, Northern Territory	100%	1,000	0.152	150	5,100	0.163	820	6,100	0.161	970	6,300	0.184	1,160
Waihi, New Zealand	100%	-		-	-		-	-		-	-		-
Batu Hijau, Indonesia(6)	48.5%	55,100	0.012	680	131,000	0.007	960	186,100	0.009	1,640	16,700	0.003	40
Elang, Indonesia(6)(7)	48.5%	-		-	789,200	0.010	8,140	789,200	0.010	8,140	200,600	0.007	1,420
TOTAL ASIA PACIFIC		81,500	0.016	1,290	1,146,100	0.012	13,380	1,227,600	0.012	14,670	230,700	0.012	2,740
Africa
Ahafo, Ghana	100%	700	0.021	20	29,000	0.039	1,140	29,700	0.039	1,160	10,800	0.039	420
Ahafo Underground	100%	-		-	5,300	0.139	740	5,300	0.139	740	11,400	0.125	1,430
Total Ahafo	100%	700	0.021	20	34,300	0.055	1,880	35,000	0.054	1,900	22,200	0.083	1,850
Ahafo North, Ghana(7)	100%	-		-	17,400	0.059	1,030	17,400	0.059	1,030	11,700	0.054	630
Akyem, Ghana	100%	1,000	0.048	50	10,400	0.032	330	11,400	0.033	380	17,700	0.045	800
TOTAL AFRICA		1,700	0.037	70	62,100	0.052	3,240	63,800	0.052	3,310	51,600	0.064	3,280
TOTAL NEWMONT WORLDWIDE		211,800	0.025	5,260	1,979,800	0.016	32,520	2,191,600	0.017	37,780	698,000	0.022	15,330

(1)	Resources are reported exclusive of reserves.
(2)	Resources are calculated at a gold price of $1,400 or A$1,650 per ounce unless otherwise noted. 2014 Resources were calculated at a gold price of $1,400, A$1,475 or NZ$1,795 per ounce unless otherwise noted. Tonnage amounts have been rounded to the nearest 100,000, and ounces have been rounded to the nearest 10,000.
(3)	Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont’s 10-K filing.
(4)	Resource estimates provided by Barrick, the operator of the Turquoise Ridge Joint Venture.
(5)	Stockpiles are comprised primarily of mineralized material that has been set aside during mining activities. Stockpiles can increase or decrease depending on changes in metal prices and other mining and processing cost and recovery factors.
(6)	Percentage reflects Newmont’s economic interest as of December 31, 2015.
(7)	Project is currently undeveloped.

Attributable Gold Mineral Resources(1)(2) - December 31, 2015, Metric units
		Gold Measured Resource			Gold Indicated Resource			Gold Measured + Indicated Resource(3)			Gold Inferred Resource
Deposits/Districts	Newmont Share	Tonnage	Grade	Au	Tonnage	Grade	Au	Tonnage	Grade	Au	Tonnage	Grade	Au
		(x1000 tonnes)	(g/tonne)	(x1000 ozs)	(x1000 tonnes)	(g/tonne)	(x1000 ozs)	(x1000 tonnes)	(g/tonne)	(x1000 ozs)	(x1000 tonnes)	(g/tonne)	(x1000 ozs)
North America
Carlin Trend Open Pit, Nevada	100%	26,900	1.27	1,100	53,900	0.81	1,400	80,800	0.97	2,500	13,800	0.71	310
Carlin Trend Underground, Nevada	100%	200	5.28	40	1,400	6.78	310	1,600	6.58	350	2,900	8.80	820
Total Carlin, Nevada		27,100	1.31	1,140	55,300	0.97	1,710	82,400	1.08	2,850	16,700	2.11	1,130
Phoenix, Nevada	100%	4,300	0.38	50	135,100	0.39	1,680	139,400	0.39	1,730	66,100	0.45	950
Lone Tree Complex, Nevada	100%	-		-	2,000	0.79	50	2,000	0.79	50	4,600	0.55	80
Buffalo Valley, Nevada(7)	70%	-		-	14,100	0.65	290	14,100	0.65	290	400	0.38	-
Phoenix Stockpiles, Nevada(5)	100%	-		-	-		-	-		-	2,100	1.48	100
Total Phoenix, Nevada		4,300	0.38	50	151,200	0.42	2,020	155,500	0.42	2,070	73,200	0.48	1,130
Twin Creeks, Nevada	100%	8,000	2.47	630	27,800	1.79	1,600	35,800	1.94	2,230	1,200	0.78	30
Sandman, Nevada(7)	100%	-		-	1,200	1.23	50	1,200	1.23	50	1,000	1.85	60
Turquoise Ridge, Nevada (4)	25%	800	16.58	430	500	14.98	230	1,300	15.98	660	500	16.73	240
Twin Creeks Stockpiles, Nevada(5)	100%	7,100	2.07	470	-		-	7,100	2.07	470	-		-
Total Twin Creeks, Nevada		15,900	3.00	1,530	29,500	1.99	1,880	45,400	2.34	3,410	2,700	3.81	330
Long Canyon, Nevada	100%	200	3.15	20	8,300	3.17	840	8,500	3.17	860	13,600	3.08	1,340
CC&V,Colorado	100%	62,000	0.52	1,040	60,500	0.58	1,120	122,500	0.55	2,160	30,700	0.39	380
TOTAL NORTH AMERICA		109,500	1.08	3,780	304,800	0.78	7,570	414,300	0.85	11,350	136,900	0.99	4,310
South America
Conga, Peru(7)	51.35%	-	-	-	356,200	0.65	7,490	356,200	0.65	7,490	118,400	0.39	1,480
Yanacocha, Peru	51.35%	3,500	0.51	60	17,400	0.49	270	20,900	0.50	330	88,600	0.85	2,420
Merian, Suriname(6)	75%	3,400	0.52	60	21,700	0.82	570	25,100	0.78	630	33,400	1.03	1,100
TOTAL SOUTH AMERICA		6,900	0.51	120	395,300	0.66	8,330	402,200	0.65	8,450	240,400	0.65	5,000
Asia Pacific
Boddington, Western Australia	100%	18,000	0.46	270	189,800	0.53	3,210	207,800	0.52	3,480	6,200	0.54	110
Kalgoorlie, Western Australia	50%	5,000	1.17	190	10,400	0.75	250	15,400	0.88	440	100	2.87	10
Tanami, Northern Territory	100%	900	5.20	150	4,600	5.58	820	5,500	5.51	970	5,800	6.29	1,160
Waihi, New Zealand	100%	-		-	-		-	-		-	-		-
Batu Hijau, Indonesia(6)	48.5%	50,000	0.43	680	118,900	0.25	960	168,900	0.30	1,640	15,100	0.09	40
Elang, Indonesia(6)	48.5%	-		-	715,900	0.35	8,140	715,900	0.35	8,140	182,000	0.24	1,420
TOTAL ASIA PACIFIC		73,900	0.54	1,290	1,039,600	0.40	13,380	1,113,500	0.41	14,670	209,200	0.41	2,740
Africa
Ahafo, Ghana	100%	700	0.72	20	26,300	1.34	1,140	27,000	1.33	1,160	9,800	1.33	420
Ahafo Underground	100%	-		-	4,800	4.78	740	4,800	4.78	740	10,300	4.30	1,430
Total Ahafo	100%	700	0.72	20	31,100	1.87	1,880	31,800	1.85	1,900	20,100	2.85	1,850
Ahafo North, Ghana(7)	100%	-		-	15,800	2.03	1,030	15,800	2.03	1,030	10,600	1.85	630
Akyem, Ghana	100%	900	1.65	50	9,400	1.09	330	10,300	1.14	380	16,000	1.55	800
TOTAL AFRICA		1,600	1.26	70	56,300	1.79	3,240	57,900	1.77	3,310	46,700	2.18	3,280
TOTAL NEWMONT WORLDWIDE		191,900	0.85	5,260	1,796,000	0.56	32,520	1,987,900	0.59	37,780	633,200	0.76	15,330

See footnotes in Gold Resources U.S. units table.

Attributable Copper Reserves(1) U.S. Units
December 31, 2015												December 31, 2014
		Proven Reserves			Probable Reserves			Proven + Probable Reserves				Proven + Probable Reserve
Deposits/Districts	Newmont Share	Tonnage	Grade	Copper	Tonnage	Grade	Copper	Tonnage	Grade	Copper	Metallurgical	Tonnage	Grade	Copper
		(x1000 tons)	(Cu%)	(million pounds)	(x1000 tons)	(Cu%)	(million pounds)	(x1000 tons)	(Cu%)	(million pounds)	Recovery	(x1000 tons)	(Cu%)	(million pounds)
North America
Phoenix, Nevada	100%	20,500	0.14%	60	269,000	0.15%	780	289,500	0.14%	840	68%	324,900	0.14%	940
Phoenix Copper Leach, Nevada	100%	19,200	0.22%	80	218,700	0.19%	830	237,900	0.19%	910	59%	211,700	0.19%	790
TOTAL NORTH AMERICA		39,700	0.18%	140	487,700	0.17%	1,610	527,400	0.17%	1,750	63%	536,600	0.16%	1,730
South America
Conga, Peru(2)	51.35%	-		-	-		-	-		-	0%	303,400	0.28%	1,690
TOTAL SOUTH AMERICA		-		-	-	0.00%	-	-	0.00%	-	0%	303,400	0.28%	1,690
Asia Pacific
Boddington, Western Australia	100.00%	107,400	0.08%	180	404,300	0.12%	980	511,700	0.11%	1,160	77%	534,100	0.11%	1,220
Boddington Stockpiles, Western Australia(3)	100.00%	19,500	0.09%	30	73,900	0.08%	120	93,400	0.08%	150	66%	84,600	0.08%	140
Total Boddington		126,900	0.08%	210	478,200	0.12%	1,100	605,100	0.11%	1,310	75%	618,700	0.11%	1,360
Batu Hijau, Indonesia(4)	48.50%	101,900	0.53%	1,080	32,600	0.40%	260	134,500	0.50%	1,340	78%	221,200	0.47%	2,090
Batu Hijau Stockpiles, Indonesia(3)(4)	48.50%	-		-	184,800	0.34%	1,270	184,800	0.34%	1,270	62%	157,900	0.33%	1,060
Total Batu Hijau		101,900	0.53%	1,080	217,400	0.35%	1,530	319,300	0.41%	2,610	70%	379,100	0.41%	3,150
TOTAL ASIA PACIFIC		228,800	0.28%	1,290	695,600	0.19%	2,630	924,400	0.21%	3,920	72%	997,800	0.23%	4,510
TOTAL NEWMONT WORLDWIDE		268,500	0.27%	1,430	1,183,300	0.18%	4,240	1,451,800	0.20%	5,670	69%	1,837,800	0.22%	7,930

(1)	Reserves are calculated at a price of $2.75 or A$3.45 per pound copper price unless otherwise noted. 2014 Reserves were calculated at $3.00 or A$3.25 per pound copper price unless otherwise noted. Tonnage amounts have been rounded to the nearest 100,000, and pounds have been rounded to the nearest 10 million.
(2)	Project is undeveloped.
(3)	Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpiles are reported separately where tonnage or contained metal is greater than 5% of the total site reported reserves.
(4)	Percentage reflects Newmont’s economic interest as of December 31, 2015.

Attributable Copper Reserves(1) Metric Units
December 31, 2015												December 31, 2014
		Proven Reserves			Probable Reserves			Proven + Probable Reserves				Proven + Probable Reserve
Deposits/Districts	Newmont Share	Tonnage	Grade	Copper	Tonnage	Grade	Copper	Tonnage	Grade	Copper	Metallurgical	Tonnage	Grade	Copper
		(x1000 tonnes)	(Cu%)	(Tonnes)	(x1000 tonnes)	(Cu%)	(Tonnes)	(x1000 tonnes)	(Cu%)	(Tonnes)	Recovery	(x1000 tonnes)	(Cu%)	(Tonnes)
North America
Phoenix, Nevada	100%	18,600	0.14%	25,950	244,000	0.15%	354,280	262,600	0.14%	380,230	68%	294,700	0.14%	422,900
Phoenix Copper Leach, Nevada	100%	17,400	0.22%	37,710	198,400	0.19%	378,550	215,800	0.19%	416,260	59%	192,000	0.19%	357,440
TOTAL NORTH AMERICA		36,000	0.18%	63,660	442,400	0.17%	732,830	478,400	0.17%	796,490	63%	486,700	0.16%	780,340
South America
Conga, Peru(2)	51.35%	-		-	-		-	-		-	0%	275,200	0.28%	767,420
TOTAL SOUTH AMERICA		-		-	-		-	-		-	0%	275,200	0.28%	767,420
Asia Pacific
Boddington, Western Australia	100.00%	97,500	0.08%	80,490	366,800	0.12%	443,180	464,300	0.11%	523,670	77%	484,600	0.11%	553,740
Boddington Stockpiles, Western Australia(3)	100.00%	17,700	0.09%	15,110	67,100	0.08%	56,270	84,800	0.08%	71,380	66%	76,800	0.08%	63,670
Batu Hijau, Indonesia(4)	48.50%	92,500	0.53%	488,890	29,600	0.40%	117,610	122,100	0.50%	606,500	78%	200,600	0.47%	947,050
Batu Hijau Stockpiles, Indonesia(3)(4)	48.50%	-		-	167,700	0.34%	576,300	167,700	0.34%	576,300	62%	143,200	0.33%	479,200
TOTAL ASIA PACIFIC		207,700	0.28%	584,490	631,200	0.19%	1,193,360	838,900	0.21%	1,777,850	72%	905,200	0.23%	2,043,660
TOTAL NEWMONT WORLDWIDE		243,700	0.27%	648,150	1,073,600	0.18%	1,926,190	1,317,300	0.20%	2,574,340	69%	1,667,100	0.22%	3,591,420

See footnotes under Copper Reserves U.S. units table.

Attributable Copper Mineral Resources(1)(2) U.S. Units
December 31, 2015
		Measured Resources			Indicated Resources			Measured + Indicated Resources(3)			Inferred Resources
Deposits/Districts	Newmont Share	Tonnage	Grade	Copper	Tonnage	Grade	Copper	Tonnage	Grade	Copper	Tonnage	Grade	Copper
		(x1000 tons)	(Cu%)	(million Pounds)	(x1000 tons)	(Cu%)	(million Pounds)	(x1000 tons)	(Cu%)	(million Pounds)	(x1000 tons)	(Cu%)	(million Pounds)
North America
Phoenix, Nevada	100%	4,800	0.11%	10	148,900	0.12%	360	153,700	0.12%	370	75,100	0.12%	180
Phoenix Copper Leach, Nevada	100%	1,400	0.10%	-	44,300	0.12%	110	45,700	0.12%	110	37,000	0.15%	110
TOTAL NORTH AMERICA		6,200	0.11%	10	193,200	0.12%	470	199,400	0.12%	480	112,100	0.13%	290
South America
Conga, Peru(5)	51.35%	-	0.00%	-	392,700	0.26%	2,040	392,700	0.26%	2,040	130,500	0.19%	490
TOTAL SOUTH AMERICA		-	0.00%	-	392,700	0.26%	2,040	392,700	0.26%	2,040	130,500	0.19%	490
Asia Pacific
Boddington, Western Australia	100%	19,900	0.07%	30	209,300	0.11%	460	229,200	0.11%	490	6,900	0.13%	20
Batu Hijau, Indonesia(4)	48.50%	55,100	0.39%	430	131,000	0.35%	920	186,100	0.36%	1,350	16,700	0.30%	100
Elang, Indonesia(4)(5)	48.50%	-	0.00%	-	789,200	0.34%	5,310	789,200	0.34%	5,310	200,600	0.24%	970
TOTAL ASIA PACIFIC		75,000	0.31%	460	1,129,500	0.30%	6,690	1,204,500	0.30%	7,150	224,200	0.24%	1,090
TOTAL NEWMONT WORLDWIDE		81,200	0.29%	470	1,715,400	0.27%	9,200	1,796,600	0.27%	9,670	466,800	0.20%	1,870

(1)	Resources are reported exclusive of reserves.
(2)	Resources are calculated at a copper price of $3.50 or A$4.15 per pound unless otherwise noted. 2014 Resources were calculated at a copper price of $3.50 or A$3.70 per pound unless otherwise noted. Tonnage amounts have been rounded to the nearest 100,000, and pounds have been rounded to the nearest 10 million, with the exception of Phoenix, Nevada.
(3)	Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont’s Form 10-K filing.
(4)	Percentage reflects Newmont’s economic interest as of December 31, 2015.
(5)	Project is undeveloped.

Attributable Copper Mineral Resources(1)(2) Metric Units
December 31, 2015
		Measured Resources			Indicated Resources			Measured + Indicated Resources(3)			Inferred Resources
Deposits/Districts	Newmont Share	Tonnage	Grade	Copper	Tonnage	Grade	Copper	Tonnage	Grade	Copper	Tonnage	Grade	Copper
		(x1000 tonnes)	(Cu%)	(tonnes)	(x1000 tonnes)	(Cu%)	(tonnes)	(x1000 tonnes)	(Cu%)	(tonnes)	(x1000 tonnes)	(Cu%)	(tonnes)
North America
Phoenix, Nevada	100%	4,300	0.11%	4,770	135,100	0.12%	161,190	139,400	0.12%	165,960	68,200	0.12%	83,370
Phoenix Copper Leach, Nevada	100%	1,300	0.10%	1,250	40,200	0.12%	50,120	41,500	0.12%	51,370	33,600	0.15%	49,470
TOTAL NORTH AMERICA		5,600	0.11%	6,020	175,300	0.12%	211,310	180,900	0.12%	217,330	101,800	0.13%	132,840
South America
Conga, Peru(5)	51.35%	-	0.00%	-	356,200	0.26%	924,380	356,200	0.26%	924,380	118,400	0.19%	221,030
TOTAL SOUTH AMERICA		-	0.00%	-	356,200	0.26%	924,380	356,200	0.26%	924,380	118,400	0.19%	221,030
Asia Pacific
Boddington, Western Australia	100%	18,000	0.07%	13,010	189,800	0.11%	209,260	207,800	0.11%	222,270	6,200	0.13%	8,120
Batu Hijau, Indonesia(4)	48.50%	50,000	0.39%	195,930	118,900	0.35%	416,140	168,900	0.36%	612,070	15,100	0.30%	45,900
Elang, Indonesia(4)(5)	48.50%	-	0.00%	-	715,900	0.34%	2,408,370	715,900	0.34%	2,408,370	182,000	0.24%	439,250
TOTAL ASIA PACIFIC		68,000	0.31%	208,940	1,024,600	0.30%	3,033,770	1,092,600	0.30%	3,242,710	203,300	0.24%	493,270
TOTAL NEWMONT WORLDWIDE		73,600	0.29%	214,960	1,556,100	0.27%	4,169,460	1,629,700	0.27%	4,384,420	423,500	0.20%	847,140

See footnotes under Copper Resources U.S. units table.

Attributable Proven, Probable, and Combined Silver Reserves(1) U.S. Units
December 31, 2015												December 31, 2014
		Proven Reserves			Probable Reserves			Proven and Probable Reserves			Metallurgical Recovery	Proven and Probable Reserves
Deposits/Districts by Reporting Unit	Newmont Share	Tonnage	Grade	Silver	Tonnage	Grade	Silver	Tonnage	Grade	Silver		Tonnage	Grade	Silver
		(x1000 tons)	(oz/ton)	(x1000 ozs)	(x1000 tons)	(oz/ton)	(x1000 ozs)	(x1000 tons)	(oz/ton)	(x1000 ozs)		(x1000 tons)	(oz/ton)	(x1000 ozs)
North America
Phoenix, Nevada	100%	20,500	0.27	5,610	269,000	0.25	67,900	289,500	0.25	73,510	38%	324,900	0.24	78,600
TOTAL NORTH AMERICA		20,500	0.27	5,610	269,000	0.25	67,900	289,500	0.25	73,510	38%	324,900	0.24	78,600
South America
Conga, Peru	51.35%	-		-	-		-	-		-		303,400	0.06	19,400
Yanacocha Open Pits, Peru	51.35%	26,300	0.19	5,090	37,500	0.20	7,390	63,800	0.20	12,480	15%	85,400	0.17	14,260
Yanacocha Leach Pad, Peru2)	51.35%	-		-	45,000	0.24	10,600	45,000	0.24	10,600	2%	43,200	0.23	10,110
Yanacocha Stockpiles, Peru(3)	51.35%	7,800	0.99	7,720	-		-	7,800	0.99	7,720	21%	8,700	1.15	10,010
Total Yanacocha, Peru	51.35%	34,100	0.38	12,810	82,500	0.22	17,990	116,600	0.26	30,800	12%	137,300	0.25	34,380
TOTAL SOUTH AMERICA		34,100	0.38	12,810	82,500	0.22	17,990	116,600	0.26	30,800	12%	440,700	0.12	53,780
Asia Pacific
Batu Hijau Open Pit, Indonesia(4)	48.50%	101,900	0.05	4,860	32,600	0.03	940	134,500	0.04	5,800	79%	221,200	0.04	8,760
Batu Hijau Stockpiles, Indonesia(3)(4)	48.50%	-		-	184,800	0.02	3,160	184,800	0.02	3,160	71%	157,900	0.02	2,430
TOTAL ASIA PACIFIC		101,900	0.05	4,860	217,400	0.02	4,100	319,300	0.03	8,960	77%	379,100	0.03	11,190
TOTAL NEWMONT WORLDWIDE		156,500	0.15	23,280	568,900	0.16	89,990	725,400	0.16	113,270	34%	1,144,700	0.13	143,570

(1)	Reserves are calculated at a silver price of $19.00 per ounce unless otherwise noted. 2014 Reserves were calculated at a silver price of $20.00 per ounce unless otherwise noted. Tonnage amounts have been rounded to the nearest 100,000, unless they are less than 50,000, and silver ounces have been rounded to the nearest 10,000.
(2)	Leach Pad material is the material on leach pads at the end of the year from which silver remains to be recovered. In-process material reserves are reported separately where tonnage or ounces are greater than 5% of the total site-reported reserves and ounces are greater than 100,000.
(3)	Stockpiles are comprised primarily of material that has been set aside to allow processing of higher grade material in the mills. Stockpiles increase or decrease depending on current mine plans. Stockpile reserves are reported separately where tonnage or ounces are greater than 5% of the total site-reported reserves and ounces are greater than 100,000.
(4)	Percentage reflects Newmont’s economic interest as of December 31, 2015.

Attributable Proven, Probable, and Combined Silver Reserves(1) Metric Units
December 31, 2015												December 31, 2014
		Proven Reserves			Probable Reserves			Proven and Probable Reserves			Metallurgical Recovery	Proven and Probable Reserves
Deposits/Districts by Reporting Unit	Newmont Share	Tonnage	Grade	Silver	Tonnage	Grade	Silver	Tonnage	Grade	Silver		Tonnage	Grade	Silver
		(x1000 tonnes)	(g/tonne)	(x1000 ozs)	(x1000 tonnes)	(g/tonne)	(x1000 ozs)	(x1000 tonnes)	(g/tonne)	(x1000 ozs)		(x1000 tonnes)	(g/tonne)	(x1000 ozs)
North America
Phoenix, Nevada	100%	18,600	9.4	5,610	244,000	8.7	67,900	262,600	8.7	73,510	38%	294,700	8.3	78,600
TOTAL NORTH AMERICA		18,600	9.4	5,610	244,000	8.7	67,900	262,600	8.7	73,510	38%	294,700	8.3	78,600
South America
Conga, Peru	51.35%	-		-	-		-	-		-		275,200	2.2	19,400
Yanacocha Open Pits, Peru	51.35%	23,900	6.6	5,090	34,000	6.8	7,390	57,900	6.7	12,480	15%	77,500	5.7	14,260
Yanacocha Leach Pad, Peru2)	51.35%	-		-	40,800	8.1	10,600	40,800	8.1	10,600	2%	39,200	8.0	10,110
Yanacocha Stockpiles, Peru(3)	51.35%	7,100	33.8	7,720	-		-	7,100	33.8	7,720	21%	7,900	39.4	10,010
Total Yanacocha, Peru	51.35%	31,000	12.9	12,810	74,800	7.5	17,990	105,800	9.1	30,800	12%	124,600	8.6	34,380
TOTAL SOUTH AMERICA		31,000	12.9	12,810	74,800	7.5	17,990	105,800	9.1	30,800	12%	399,800	4.3	53,780
Asia Pacific
Batu Hijau Open Pit, Indonesia(4)	48.50%	92,500	1.6	4,860	29,600	1.0	940	122,100	1.5	5,800	79%	200,600	1.4	8,760
Batu Hijau Stockpiles, Indonesia(3)(4)	48.50%	-		-	167,700	0.6	3,160	167,700	0.6	3,160	71%	143,200	0.5	2,430
TOTAL ASIA PACIFIC		92,500	1.6	4,860	197,300	0.6	4,100	289,800	1.0	8,960	77%	343,800	1.0	11,190
TOTAL NEWMONT WORLDWIDE		142,100	5.1	23,280	516,100	5.4	89,990	658,200	5.4	113,270	34%	1,038,300	4.3	143,570

See Footnotes under Silver Reserves U.S. units table.

Attributable Silver Mineral Resources(1)(2) U.S. Units
December 31, 2015
		Measured Resources			Indicated Resources			Measured + Indicated Resources(3)			Inferred Resources
Deposits/Districts	Newmont Share	Tonnage	Grade	Ag	Tonnage	Grade	Ag	Tonnage	Grade	Ag	Tonnage	Grade	Ag
		(x1000 tons)	(oz/ton)	(x1000 ozs)	(x1000 tons)	(oz/ton)	(x1000 ozs)	(x1000 tons)	(oz/ton)	(x1000 ozs)	(x1000 tons)	(oz/ton)	(x1000 ozs)
North America
Sandman, Nevada(6)	100%	-		-	1,300	0.20	300	1,300	0.20	300	1,100	0.12	100
Phoenix, Nevada	100%	4,800	0.21	1,000	148,900	0.21	31,700	153,700	0.21	32,700	72,800	0.23	16,700
Phoenix Stockpiles, Nevada(4)	100%	-		-	-		-	-		-	2,300	0.09	200
TOTAL NORTH AMERICA		4,800	0.21	1,000	150,200	0.21	32,000	155,000	0.21	33,000	76,200	0.22	17,000
South America
Conga, Peru(6)	51.4%	-	-	-	392,700	0.06	23,600	392,700	0.06	23,600	99,100	0.03	3,300
Yanacocha, Peru	51.4%	3,400	0.10	300	13,800	0.27	3,800	17,200	0.24	4,100	2,900	0.17	500
TOTAL SOUTH AMERICA		3,400	0.10	300	406,500	0.07	27,400	409,900	0.07	27,700	102,000	0.04	3,800
Asia Pacific
Batu Hijau, Indonesia(5)	48.5%	55,100	0.04	1,900	131,000	0.03	3,500	186,100	0.03	5,400	16,700	0.02	300
Elang, Indonesia(5) (6)	48.5%	-		-	789,200	0.03	23,200	789,200	0.03	23,200	200,600	0.03	5,000
TOTAL ASIA PACIFIC		55,100	0.04	1,900	920,200	0.03	26,700	975,300	0.03	28,600	217,300	0.02	5,300
TOTAL NEWMONT WORLDWIDE		63,300	0.05	3,200	1,476,900	0.06	86,100	1,540,200	0.06	89,300	395,500	0.07	26,100

(1)	Resources are reported exclusive of reserves.
(2)	Resources are calculated at a silver price of $24.00 per ounce unless otherwise noted. 2014 Resources were calculated at a silver price of $25.00 per ounce unless otherwise noted. Tonnage amounts have been rounded to the nearest 100,000.
(3)	Measured and Indicated Resources (combined) are equivalent to Mineralized Material disclosed in Newmont’s Form 10-K filing.
(4)	Stockpiles are comprised primarily of mineralized material that has been set aside during mining activities. Stockpiles can increase or decrease depending on changes in metal prices and other mining and processing cost and recovery factors.
(5)	Percentage reflects Newmont’s economic interest as of December 31, 2015.
(6)	Project is undeveloped.

Attributable Silver Mineral Resources(1)(2) Metric Units
December 31, 2015
		Measured Resources			Indicated Resources			Measured + Indicated Resources(3)			Inferred Resources
Deposits/Districts	Newmont Share	Tonnage	Grade	Ag	Tonnage	Grade	Ag	Tonnage	Grade	Ag	Tonnage	Grade	Ag
		(x1000 tonnes)	(g/tonne)	(x1000 ozs)	(x1000 tonnes)	(g/tonne)	(x1000 ozs)	(x1000 tonnes)	(g/tonne)	(x1000 ozs)	(x1000 tonnes)	(g/tonne)	(x1000 ozs)
North America
Sandman, Nevada(6)	100%	-	-	-	1,200	6.8	300	1,200	6.8	300	1,000	4.1	100
Phoenix, Nevada	100%	4,300	7.3	1,000	135,100	7.3	31,700	139,400	7.3	32,700	66,100	7.8	16,700
Phoenix Stockpiles, Nevada(4)	100%	-	-	-	-	-	-	-	-	-	2,100	3.1	200
TOTAL NORTH AMERICA		4,300	7.3	1,000	136,300	7.3	32,000	140,600	7.3	33,000	69,200	7.6	17,000
South America
Conga, Peru(6)	51.4%	-	-	-	356,200	2.1	23,600	356,200	2.1	23,600	89,900	1.1	3,300
Yanacocha, Peru	51.4%	3,100	3.5	300	12,500	9.4	3,800	15,600	8.2	4,100	2,600	6.0	500
TOTAL SOUTH AMERICA		3,100	3.5	300	368,700	2.3	27,400	371,800	2.3	27,700	92,500	1.3	3,800
Asia Pacific
Batu Hijau, Indonesia(5)	48.5%	50,000	1.2	1,900	118,900	0.9	3,500	168,900	1.0	5,400	15,100	0.7	300
Elang, Indonesia(5) (6)	48.5%	-	-	-	715,900	1.0	23,200	715,900	1.0	23,200	182,000	0.9	5,000
TOTAL ASIA PACIFIC		50,000	1.2	1,900	834,800	1.0	26,700	884,800	1.0	28,600	197,100	0.8	5,300
TOTAL NEWMONT WORLDWIDE		57,400	1.8	3,200	1,339,800	2.0	86,100	1,397,200	2.0	89,300	358,800	2.3	26,100

See Footnotes under Silver Resources U.S. units table.

Cautionary Statement regarding Reserves and Resources:

The “reserves” disclosed in this release have been prepared in compliance with Industry Guide 7 published by the SEC. As used in this news release, the term “reserve” means that part of a mineral deposit that can be economically and legally extracted or produced at the time of the reserve determination. The term “economically,” as used in this definition, means that profitable extraction or production has been established or analytically demonstrated in a feasibility study to be viable and justifiable under reasonable investment and market assumptions. The term “legally,” as used in this definition, does not imply that all permits needed for mining and processing have been obtained or that other legal issues have been completely resolved. However, for a reserve to exist, Newmont must have a justifiable expectation, based on applicable laws and regulations, that issuance of permits or resolution of legal issues necessary for mining and processing at a particular deposit will be accomplished in the ordinary course and in a timeframe consistent with Newmont’s current mine plans. Reserves in this news release are aggregated from the Proven and Probable classes.

The terms “resources” and “Measured, Indicated and Inferred resources” are used in this news release. Investors are advised that the SEC does not recognize these terms. Newmont has determined that such “resources” would be substantively the same as those prepared using the Guidelines established by the Society of Mining, Metallurgy and Exploration (SME) and defined as “Mineral Resource”. Estimates of resources are subject to further exploration and development, are subject to additional risks, and no assurance can be given that they will eventually convert to future reserves. Inferred Resources, in particular, have a great amount of uncertainty as to their existence and their economic and legal feasibility. Investors are cautioned not to assume that any part or all of the Inferred Resource exists, or is economically or legally mineable. Also, disclosure of contained ounces is permitted under the SME Guideline and other regulatory guidelines, such as Canada’s NI 43-101 and Australia’s JORC. However, the SEC generally requires mineral resource information in SEC-filed documents to be reported only as in-place tonnage and grade. Investors are reminded that even if significant mineralization is discovered and converted to reserves, during the time necessary to ultimately move such mineralization to production the economic feasibility of production may change. See the Company’s Annual Report for the “Proven and Probable Reserve” and “Mineralized Material” tables prepared in compliance with the SEC’s Industry Guide 7, available at http://www.newmont.com/our-investors/financial-reporting/sec-filings and on www.sec.gov. Investors are reminded that the tables presented in the Annual Report are estimates as of December 31, 2015 and were presented on an attributable basis reflecting the Company’s ownership interest at such time.

Cautionary Statement Regarding Forward Looking Statements:

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws. Such forward-looking statements may include, without limitation, estimates and expectations of future exploration expenditures and activities. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, such statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed or implied by the “forward-looking statements”. For a discussion of such risks relating to our business and other factors, see the Company’s Form 10-K, filed on or about February 17, 2016, with the Securities and Exchange Commission under the headings “Risk Factors” and “Forward-Looking Statements.” The Company does not undertake any obligation to release publicly revisions to any “forward-looking statement,” including, without limitation, outlook, to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued “forward-looking statement” constitutes a reaffirmation of that statement. Continued reliance on “forward-looking statements” is at investors' own risk.

CONTACT:
Newmont Mining Corporation
Investor Contact
Meredith Bandy, 303-837-5143
meredith.bandy@newmont.com
or
Media Contact
Omar Jabara, 303-837-5114
omar.jabara@newmont.com